228 Road E COLAC, VIC 3250

Colac, Colac Otway, VIC, 3250

$ 770,400

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: $ 770,400
Land Price: $ 277,500
Build Price: $ 492,900
Gross Per Week: $ 890**
Gross Per Annum: $ 46,280
Gross Yield: 6.01%
Capital Growth 12 Months: -2.02%
10Yr Annualised Growth: 7.42%
Vacancy Rate: 0.79%
Property Size: 239 m2
Land Area: 448 m2
Bedrooms: 4+2
Bathrooms: 2
Parking: 2
Title Status: Q1 2027
Property ID: 26624
SKU: 1045
Sold: Sep 07, 2026

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Located in Colac, this Dual Occupancy is more than just a home, it's a smart investment opportunity. With 4 bedrooms, 2 bathrooms and 2 car space/s, it delivers functional design with modern living in mind. Investors will appreciate its strong yield potential, while residents will enjoy the comfort and convenience it provides every day. Set within a growth corridor, it combines lifestyle benefits with future financial returns. A property that works for you today and tomorrow.

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.

Whether you're looking to diversify your investments or secure a low-maintenance home, this Dual Occupancy in Colac delivers on all fronts. With its balance of comfort and growth potential, it's an opportunity worth securing. An investment that stands out for the future.

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

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ENQUIRE ABOUT THIS PROPERTY

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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

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