House and Land property in Colac, VIC

Property Images

House and Land property in Colac, VIC
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 206

Details

Updated on Nov 13, 2026

Property Type: House and Land
Price: $ 697,045
Land Price: $ 290,000
Build Price: $ 407,045
Gross Per Week: $ 570
Gross Per Annum: $ 29,640
Gross Yield: 4.25%
Capital Growth 12 Months: 3.52%
10Yr Annualised Growth: 7.42%
Vacancy Rate: 1.15%
Property Size: 206 m2
Land Area: 527 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Land Title Date: Q3-2027
Property ID: 44989
SKU: 1056

Description

This single-storey house and land package in Colac offers 4 bedrooms, 2 bathrooms and a double garage, with 206 m2 of home on a 527 m2 lot and titles expected in Q3 2027. It sits in the Cornerstone community. The package is single-storey with a double garage on a 527 m2 allotment, and land and build components are disclosed. Indicative rent is about $570 per week.

Colac is the main service town for the Otways and Great Ocean Road hinterland in south-west Victoria, about two hours west of Melbourne. Its role as a local hub supports rental demand for newer family homes. Investors can use that demand in a yield-focused portfolio.

For investors, this house and land package targets the traditional family rental market, where 3–4 bedroom homes with private parking remain in steady demand.

A traditional family home typically offers separate living and sleeping zones, outdoor space for tenants, and broad appeal to households seeking a newer detached rental.

Investing in a traditional family home can support rental demand and longer tenancies where the suburb has ongoing population and employment drivers.

Features

PACKAGE

  • Type: House and Land.
  • Single-storey package with land and build components disclosed.

LAND

  • Title: Q3-2027.

HOME

  • 4 Bed, 2 Bath, 2 Car.
  • Double garage.

Inclusions

TURNKEY INCLUSIONS

  • 20mm composite stone benchtop.
  • 2590mm ceiling height.
  • 900mm kitchen appliances.
  • Stainless steel dishwasher.
  • Split-system air conditioner.
  • Flooring throughout.
  • Downlights.

INCLUDED AS STANDARD

  • Colour-sealed concrete driveway.
  • Flyscreens to openable windows.
  • Fencing and letterbox.
  • Front and rear landscaping.
  • Holland blinds.
  • Alarm system.
  • Sectional overhead garage door with remote.

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address

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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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