228 Road E COLAC, VIC 3250

Colac, Colac Otway, VIC, 3250

$ 763,400

Colac, Colac Otway, VIC, 3250
228 Road E COLAC, VIC 3250-0

Property Images

228 Road E COLAC, VIC 3250-0
  • Dual Occupancy
  • Property Type
  • 4+2
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 239

Details

Updated on Jun 19, 2026

Property Type: Dual Occupancy
Price: $ 763,400
Land Price: $ 277,500
Build Price: $ 485,900
Gross Per Week: $ 890**
Gross Per Annum: $ 46,280
Gross Yield: 6.06%
Capital Growth 12 Months: -2.02%
10Yr Annualised Growth: 7.42%
Vacancy Rate: 0.36%
Property Size: 239 m2
Land Area: 448 m2
Bedrooms: 4+2
Bathrooms: 2
Parking: 2
Title Status: Q1 2027
Property ID: 23614
SKU: 1045
Sold: Jun 17, 2026

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Positioned in the sought-after suburb of Colac, this Dual Occupancy offers a forward-looking investment opportunity. With 4 bedrooms, 2 bathrooms and 2 car space/s, it blends contemporary design with low-maintenance living. Its modern features appeal to today's market, while its location supports long-term value growth. Whether you're expanding your portfolio or stepping into property investment, it's well suited for future-ready buyers. A property that offers both confidence and opportunity.

Colac is a regional town in Victoria known for its affordability, community atmosphere, and close proximity to the scenic Otway Ranges. With schools, parks, shops, and healthcare facilities nearby, it provides essential infrastructure and lifestyle benefits for both families and renters. As Colac continues to grow, so too does the demand for well-designed, affordable rental properties.

Offering a blend of functionality, style and growth potential, this Dual Occupancy in Colac is designed to perform. Whether for investment or living, it provides lasting value in a competitive market. A property that meets both present and future needs.

Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.

These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.

The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.

The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.

Floor plans

floor_plan.png
Address 228 Road E COLAC, VIC 3250
City Colac Otway
State VIC
Postcode 3250
Suburb Colac
Estate THE LOOKOUT ESTATE

Similar Listings

Dual Occupancy
  • $ 1,528,400
Gross Return
$ TBA
Gross Yield
TBA%
Capital Growth
9.96%
Vacancy Rate
2.07%

140 Bingara Drive Wilton, NSW 2571

Wilton, Wollondilly, NSW, 2571
  • 6 Bedrooms
  • 3.5 Bathrooms
  • 2Cars
Dual Occupancy
Dual Occupancy
  • $ 1,509,200
Gross Return
$ TBA
Gross Yield
TBA%
Capital Growth
9.96%
Vacancy Rate
2.07%

126 Bingara Drive Wilton, NSW 2571

Wilton, Wollondilly, NSW, 2571
  • 6 Bedrooms
  • 3.5 Bathrooms
  • 2Cars
Dual Occupancy
Dual Occupancy
  • $ 1,506,000
Gross Return
$ TBA
Gross Yield
TBA%
Capital Growth
9.96%
Vacancy Rate
2.07%

121 Bingara Drive Wilton, NSW 2571

Wilton, Wollondilly, NSW, 2571
  • 6 Bedrooms
  • 3.5 Bathrooms
  • 2Cars
Dual Occupancy
Dual Occupancy
  • $ 1,523,400
Gross Return
$ TBA
Gross Yield
TBA%
Capital Growth
9.96%
Vacancy Rate
2.07%

125 Bingara Drive Wilton, NSW 2571

Wilton, Wollondilly, NSW, 2571
  • 6 Bedrooms
  • 3.5 Bathrooms
  • 2Cars
Dual Occupancy

Sold Listings

Dual Occupancy
  • $ 778,980
Sold
Gross Return
$ 47,060
Gross Yield
5.87 - 6.21%
Capital Growth
0.00%
Vacancy Rate
0.00%

Lot 28 Lemon Tree Rise Cobram, VIC 3643

Cobram, Moira, VIC, 3643
  • 6 Bedrooms
  • 3 Bathrooms
  • 2Cars
Dual Occupancy
Dual Occupancy
  • $ 778,980
Sold
Gross Return
$ 47,060
Gross Yield
5.87 - 6.21%
Capital Growth
0.00%
Vacancy Rate
0.00%

Lot 25 Lemon Tree Rise Cobram, VIC 3643

Cobram, Moira, VIC, 3643
  • 6 Bedrooms
  • 3 Bathrooms
  • 2Cars
Dual Occupancy
Dual Occupancy
  • $ 778,980
Sold
Gross Return
$ 47,060
Gross Yield
5.87 - 6.21%
Capital Growth
0.00%
Vacancy Rate
0.00%

Lot 27 Lemon Tree Rise Cobram, VIC 3643

Cobram, Moira, VIC, 3643
  • 6 Bedrooms
  • 3 Bathrooms
  • 2Cars
Dual Occupancy
Dual Occupancy
  • $ 778,980
Sold
Gross Return
$ 47,060
Gross Yield
5.87 - 6.21%
Capital Growth
0.00%
Vacancy Rate
0.00%

Lot 26 Lemon Tree Rise Cobram, VIC 3643

Cobram, Moira, VIC, 3643
  • 6 Bedrooms
  • 3 Bathrooms
  • 2Cars
Dual Occupancy

ENQUIRE ABOUT THIS PROPERTY

Why Buy With Aus Investment Properties?

  • Dedicated In-house Project Manager.
  • High-yielding properties.
  • Independent rental assessment.
  • Full turnkey properties, 'Ready to Rent'.
  • Brand new properties with builders warranty.
  • High quality, highly specified properties.
  • Tax and depreciation benefits from new properties.
  • Buy direct from the builder.
  • Investor or SMSF.
Buy Property Banner

Search 1000'S Of Off-Market Investment Properties!

Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

Compare listings

Compare