228 Road E COLAC, VIC 3250

Colac, Colac Otway, VIC, 3250

$ 717,400 Sold

This property has sold.

Colac, Colac Otway, VIC, 3250
Dual Occupancy Investment Property in Colac, VIC (5.51% Yield) | Aus Investment Properties - Photo 1

Property Images

Dual Occupancy Investment Property in Colac, VIC (5.51% Yield) | Aus Investment Properties - Photo 1
  • Dual Occupancy
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 205

Details

Updated on Jun 19, 2026

Property Type: Dual Occupancy
Price: $ 717,400
Land Price: $ 277,500
Build Price: $ 439,900
Gross Per Week: $ 760**
Gross Per Annum: $ 39,520
Gross Yield: 5.51%
Capital Growth 12 Months: 3.52%
10Yr Annualised Growth: 7.42%
Vacancy Rate: 1.15%
Property Size: 205 m2
Land Area: 448 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 2
Land Title Date: Q1 2027
Property ID: 26667
SKU: 1045
Sold: Sep 07, 2026

Description

This Dual Occupancy in Colac has been carefully crafted to offer both practical living and solid returns. Featuring 3 bedrooms, 2 bathrooms and 2 car space/s, it balances functionality with contemporary style. Designed to meet the demands of modern tenants, it provides strong rental performance and long-term growth. Its combination of design, location and value makes it a reliable investment option. A smart addition to any property portfolio.

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

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

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

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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.

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