Lake Colac, a freshwater lake of the Western District Lakes, is located north of the Colac town centre in Victoria, Australia.A yacht club and rowing club are located adjacent to the lake's shore. During the summer months, water skiers access to lake's facilities and many birds may be found of the lake's surface and in the area. The foreshore has a playground, boat ramp and the Colac Botanical Gardens. In January 2009, the lake dried up after years of drought, and the first time in 173 years.