Overview
|Property ID: LA-5959
Description
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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.
Additional Details
- Property Type: House and LandCo-LivingCashflow Positive
- Property Stage:
- Price: $ 640,554.00
- Land Price: $ 251,000.00
- Build Price: $ 389,554.00
- Beds: 4
- Bath: 4
- Garage: 2
- Storey: 1
- Study: N/A
- Power Rooms: N/A
- MPR: N/A
- Powder Room: N/A
- Balcony: N/A
- Floor Plan: Protea
- Completion: N/A
- Land Size: 400
- Area Size: 183.63
- Year Built: N/A
- Est. Rates: N/A
- Est. Rent PW: 800.00
- Est. Body Corp.: N/A
- Title Status: Q2 2025
- Gross Per Week: $ 800.00
- Gross Per Annum: $ 41,600.00
- Gross Yield: 6.49%
- Capital Growth 12 Months: -0.76%
- Capital Growth 10 Year Annualised: 4.17%
- Vacancy Rate: 0.85%
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