Sold

3 May St COLAC, VIC 3250

Colac, Colac Otway, VIC, 3250

$ 620,500

Sold
Colac, Colac Otway, VIC, 3250
3 May St COLAC, VIC 3250-0
3 May St COLAC, VIC 3250-1
3 May St COLAC, VIC 3250-2

Property Images

3 May St COLAC, VIC 3250-0 3 May St COLAC, VIC 3250-1 3 May St COLAC, VIC 3250-2
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 145

Details

Updated on Jun 19, 2026

Property Type: House and Land
Price: $ 620,500
Land Price: $ 212,000
Build Price: $ 408,500
Gross Per Week: $ 500**
Gross Per Annum: $ 26,000
Gross Yield: 4.19%
Capital Growth 12 Months: -2.02%
10Yr Annualised Growth: 7.42%
Vacancy Rate: 0.36%
Property Size: 145 m2
Land Area: 318 m2
Bedrooms: 4
Bathrooms: 2
Parking: 1
Title Status: Sep-27
Property ID: 26641
SKU: 1045
Sold: Jun 17, 2026

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Situated in the thriving suburb of Colac, this House presents an excellent opportunity for modern living and investment. With 4 bedrooms, 2 bathrooms and 1 car space/s, it is thoughtfully designed to suit today's lifestyle needs. Its efficient use of space ensures comfort while maintaining low maintenance requirements. Ideal for investors, it offers a strong balance of rental appeal and future growth potential. A smart choice in a high-demand location.

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.

This House in Colac delivers a combination of modern comfort and investment strength. Its thoughtful design and strategic location make it a valuable option for buyers seeking both performance and practicality. An opportunity worth considering.

A House and Land Package offers a complete, turnkey solution by combining a brand-new home build with a carefully selected block of land.

Designed for modern living, these packages provide flexible floor plans, contemporary finishes, and the convenience of a streamlined building process.

Ideal for both owner-occupiers and investors, they deliver a hassle-free pathway to securing a quality property in a growing community.

Investing in a House and Land Package presents strong value, with fixed pricing, potential stamp duty savings, and reduced maintenance costs.

With increasing demand in emerging suburbs, these properties offer excellent prospects for rental yield and long-term capital growth.

Floor plans

floor_plan.png
Address 3 May St COLAC, VIC 3250
City Colac Otway
State VIC
Postcode 3250
Suburb Colac
Estate THE NOOK

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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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