Average rent in Colac Surrounds, VIC — 2026

Colac Surrounds sits below the Victoria median, with the typical renter paying $250/week — 31% less than the state-wide $363/week baseline (ABS Census 2021). The suburb skews owner-occupied: 82% own outright or with a mortgage, and only 12% rent. Housing stock is dominated by separate houses (99%), with limited high-density development. Population sits at 5,669, the median age is 45, and the most common occupation is Managers. 7% of residents were born overseas. Colac Surrounds is 126km from Melbourne, often putting it outside the inner-ring rent pressure zone — though state-level rent indices show the 2021 baseline is now meaningfully out of date. Your reported figure above gives the live read; the Census number anchors the historical baseline.