Lot 621 - Clearwater Estate - Colac
Colac, Western District , VIC, 3250$ 703,000
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 206
Details
Updated on Nov 07, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 703,000 |
| Land Price: | $ 299,000 |
| Build Price: | $ 404,000 |
| Gross Per Week: | $ 580 |
| Gross Per Annum: | $ 30,160 |
| Gross Yield: | 4.29% |
| Capital Growth 12 Months: | -2.02% |
| 10Yr Annualised Growth: | 7.42% |
| Vacancy Rate: | 1.15% |
| Property Size: | 206 m2 |
| Land Area: | 521 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | N/A |
| Property ID: | 44115 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Colac is a town located in the Western District of Victoria, Australia.Colac is situated approximately 150 kilometers southwest of Melbourne, the capital city of Victoria. It is located inland, away from the coastline.
Colac has educational facilities, including primary schools, secondary schools, and vocational education institutions. There are options for both public and private education in the town.The town is accessible by road. Major roads, including the Princes Highway (A1), provide connectivity to Melbourne and other towns in the region. Public transportation options include bus services operated by various companies.
Colac has shopping facilities, including supermarkets, retail stores, and local shops catering to the needs of residents. The town center typically features a range of services and amenities.The town offers parks, playgrounds, and recreational areas for residents to enjoy outdoor activities. Lake Colac, located near the town center, provides opportunities for water-based activities.
Colac is surrounded by picturesque countryside, including farmland and forests. The nearby Otway Ranges offer opportunities for bushwalking, camping, and exploring natural attractions.
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.