Lot 104 The Lookout Estate, Elliminyt VIC

Elliminyt, Colac Otway, VIC, 3250

$ 811,223

Elliminyt, Colac Otway, VIC, 3250
Lot 104 The Lookout Estate, Elliminyt VIC-0
Lot 104 The Lookout Estate, Elliminyt VIC-1

Property Images

Lot 104 The Lookout Estate, Elliminyt VIC-0 Lot 104 The Lookout Estate, Elliminyt VIC-1
  • Dual Occupancy
  • Property Type
  • 4+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 249

Details

Updated on Jun 02, 2026

Property Type: Dual Occupancy
Price: $ 811,223
Land Price: $ 318,000
Build Price: $ 493,223
Gross Per Week: $ 920*
Gross Per Annum: $ 47,840
Gross Yield: 5.9%
Capital Growth 12 Months: -2.02%
Capital Growth 10 Year Annualised: 7.42%
Vacancy Rate: 0.36%
Property Size: 249 m2
Land Area: 744 m2
Bedrooms: 4+2
Bathrooms: 2+1
Parking: 2
Title Status: Q4 2026
Property ID: 26151
SKU: 1056

Description

This modern Dual Occupancy in Elliminyt delivers a compelling opportunity for both investors and homeowners. Featuring 4+2 bedrooms, 2+1 bathrooms and 2 car space/s, it is designed to maximise space, comfort and functionality. Its contemporary design ensures low maintenance while maintaining strong visual appeal. Located in a high-growth area, it supports both steady rental income and long-term appreciation. A property built with both practicality and performance in mind.


Suburb profile:

Elliminyt is a fast-growing regional suburb located on the doorstep of Colac in Victoria’s south-west, offering a relaxed lifestyle with strong long-term investment potential. The area is highly regarded for its family-friendly atmosphere, quality local schools, easy access to Colac Secondary College, and proximity to the Colac town centre, which features major supermarkets, cafés, medical facilities, and retail services. Residents enjoy convenient connectivity to Geelong and the Surf Coast via the Princes Highway, while nearby Lake Colac and surrounding parklands provide excellent outdoor recreation opportunities. Continued population growth, increasing housing demand, and limited modern rental supply are supporting strong rental yields and future capital growth prospects in Elliminyt.


Inclusions:

  • Guaranteed fixed site costs
  • Floor coverings to entire house
  • Concrete driveway and path
  • 900mm stainless steel appliances
  • Stainless steel dishwasher
  • Flyscreens to openable windows
  • 20mm Caesarstone benchtop
  • 2590mm ceiling height
  • Landscaping and fencing

With its strong rental appeal and long-term growth prospects, this Dual Occupancy in Elliminyt is positioned for success. It offers both stability and opportunity, making it an excellent addition to any property portfolio. A reliable investment in a growing market.

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.

Address Lot 104 The Lookout Estate, Elliminyt VIC
City Colac Otway
State VIC
Postcode 3250
Suburb Elliminyt
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.

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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