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For Salehouse

113 Queen Street

Colac, VIC 3250, Australia
$480,000
4 bed 2 bath 1 car632m²

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Area Price Guide
$451,200$508,800

Indicative price guide range

🏘️
71
Comparable
📊
$599,720
Area median
⚖️
-20%
vs median
📐
$759
Per m²
📏
632 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

9 dimensions

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Heritage

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About this property

This well-presented four-bedroom home offers an outstanding opportunity for the savvy investor seeking strong, reliable returns. Currently leased to long-term tenants on a fixed agreement until December 2026 at $505 per week, this property delivers immediate income and peace of mind. Positioned on a generous corner allotment, the home also provides exciting potential for future expansion or redevelopment (STCA), making it a smart addition to any portfolio. Ideally located on Queen Street, you'll enjoy the convenience of being just a 2-minute drive to the town centre and only a 20-minute walk to the beautiful Colac Botanical Gardens. Inside, the home has been fully renovated, featuring updated flooring, a modern kitchen, and refreshed bathrooms. Three of the four bedrooms include built-in robes, while the fourth bedroom offers flexibility as a study or work-from-home space. Outside, the property boasts a spacious, low-maintenance backyard complete with a paved entertaining area and a sliding security gate providing rear access. The location is hard to beat, with a wide range of amenities nearby including schools, sporting facilities, shopping options, cafes, medical services, and moreall within easy reach. This is a fantastic opportunity to secure a quality investment in a thriving regional location. DISCLAIMER: While utmost care has been taken to verify the accuracy of the information provided above, it should not be construed as a representation by the vendor or the agent/agency. All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $2,327/month
    $1,164 /fortnight
    Loan $384,000 at 6.10% over 30 years

    Upfront costs

    Deposit$96,000
    Stamp duty$23,870
    Conveyancing (est.)$2,000
    Total upfront$121,870
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    2
    Parking
    1
    Land Area
    632m²
    Listed
    2 months ago

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