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Colac Otway Shire

Population

22,423

Colac Otway Shire is a Local Government Area in Australia comprising 70 suburbs with a population of 22,423 residents. For property investors analysing Colac Otway Shire capital growth potential, this council area ranks in the top 57% of Australian LGAs for investment opportunity based on our proprietary scoring algorithm.

Colac Otway Shire property investment fundamentals show emerging signals, with healthy employment diversity across industries.

Growth Performance Prediction

Top 57% of areas

Since 2015, the Picki High Performance Growth algorithm has been selecting the best places to invest across Australia. Over that time it has been responsible for selecting over 400 million dollars worth of properties for property investors and has generated 110% higher capital growth when compared to the average.

Overall Growth Potential

43%Average

Outperforms 43% of all LGAs

Key Market Indicators

High New Home Construction

Supply Score

1/5

Poor Population Forecasts

Population Score

2/5

Low Employment Health

Employment Score

3/5

Investment Outlook

This area shows moderate growth potential with mixed indicators across key market factors. Consider evaluating specific factors before investing.

Em

Employment Diveristy

Manufacturing - 14.00%

Health Care and Social Assistance - 13.00%

Agriculture, Forestry and Fishing - 12.00%

Accommodation and Food Services - 9.00%

Others - 52.00%

Commute Time

104mins

51kms

Common Transport Methods
car71%
walk6%
bike1%
Income Growth

Average Income

70 Suburbs in Colac Otway Shire

Ordered by Best Projected Short Term Growth (Green = Buying window)

Trend Indicators:

Price/yield increasing compared to previous period
Price/yield decreasing compared to previous period
Suburb Name
Asking Price
Yield
Elliminyt
$735.7k
2.83%
Colac
$534.3k
4.64%
Cororooke
$613.0k
6.69%
Alvie
$649.0k
0%
Barongarook
$750.0k
3.47%
Barwon Downs
$800.0k
0%
Wye River
$2.0m
0%
Colac East
$695.0k
0%
Carlisle River
$520.0k
12.76%
Kennett River
$899.0k
0%
Beech Forest
$480.0k
0%
Birregurra
$860.0k
2.75%
Kawarren
$400.0k
5.48%
Marengo (Vic.)
$1.3m
1.77%
Warncoort
$850.0k
3.71%
Coragulac
$420.0k
0%
Gellibrand
$1.9m
2.02%
Skenes Creek
$950.0k
20.34%
Beeac
$645.0k
3.40%
Lavers Hill
$900.0k
6.64%
Tanybryn
$1.6m
0%
Wongarra
$3.9m
0%
Colac West
$850.0k
0%
Corunnun
$695.0k
0%
Glenaire
$495.0k
0%
Grey River
$950.0k
0%
Yeodene
$995.0k
0%
Irrewarra
$820.0k
3.25%
Larpent
-
2.29%
Murroon
$1.4m
0%
Barramunga
$1.5m
0%
Johanna
$795.0k
0%
Weeaproinah
$545.0k
0%
Chapple Vale
$500.0k
0%
Barongarook West
$330.0k
2.67%
Dreeite South
$327.0k
0%
Wyelangta
$990.0k
0%
Yeo
$1.2m
0%
Warrion
$690.0k
0%
Carpendeit
$1.1m
1.94%
Dreeite
$445.0k
0%
Irrewillipe
$330.0k
0%
Nalangil
$880.0k
0%
Ondit
$595.0k
0%
Stonyford
$925.0k
1.88%
Bungador
$2.0k
0%
Eurack
$6.5k
0%
Balintore
$760.0k
0%
Swan Marsh
$500.0k
0%
Wool Wool
$525.0k
0%

Colac Otway Shire Property Investment FAQs

Is Colac Otway Shire a good area for property investment in 2026?

Colac Otway Shire ranks in the top 57% of all Australian Local Government Areas for property investment potential. While Colac Otway Shire currently shows emerging investment signals, there may be specific suburbs within the LGA that outperform the broader area. We recommend analysing individual suburb scores to identify potential opportunities for property growth.

What is the median house price in Colac Otway Shire?

Median price data for Colac Otway Shire is currently being updated. The LGA contains 70 suburbs, each with varying property values and investment characteristics.

What are the best suburbs to invest in Colac Otway Shire?

Colac Otway Shire contains 70 suburbs, each with unique investment characteristics and suburb scores. The best suburbs for investment within Colac Otway Shire depend on your investment strategy - whether you're seeking capital growth, rental yield, or a balanced approach. Use our suburb analysis tools to compare all 70 suburbs in Colac Otway Shire ranked by our proprietary suburb score, which factors in price growth trends, rental yields, vacancy rates, and demographic indicators.

What is the capital growth outlook for Colac Otway Shire?

Colac Otway Shire's capital growth outlook is variable based on current market indicators. Capital growth in Colac Otway Shire may be uneven across different suburbs. We recommend targeting specific suburbs with strong individual metrics rather than relying on LGA-wide trends.

What is the population of Colac Otway Shire?

Colac Otway Shire has a population of approximately 22,423 residents across its 70 suburbs. Population growth is a key indicator for property investment as it drives housing demand. Monitor population trends in Colac Otway Shire as part of your investment research to understand future housing demand.

How many suburbs are in Colac Otway Shire council area?

Colac Otway Shire Local Government Area contains 70 suburbs. Each suburb has its own property market dynamics, median prices, and investment potential. When investing in Colac Otway Shire, it's important to analyse individual suburbs rather than relying solely on LGA-level data. Our platform provides detailed suburb scores and analytics for all 70 suburbs to help you identify the best investment opportunities within Colac Otway Shire.

Disclaimer

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