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14 Rankin Street, Colac$300,000
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14 Rankin Street

Colac, VIC 3250, Australia
$300,000
599 m²

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About this property

Set on a generous 599sqm allotment in a well-established and desirable neighbourhood, this property offers a rare chance to build your dream home or investment project with future potential already secured. With approved plans for a two-lot subdivision, you can construct now and capitalise later. All essential services are available, streamlining the building process and reducing upfront costs. The location is ideal, close to schools, popular sporting venues, and just minutes from the CBD, making it perfect for families, professionals, or developers seeking long-term value. Whether you're looking to create a comfortable residence or take advantage of the subdivision approval down the track, this block delivers flexibility, convenience, and strong growth prospects. *All information about the property has been provided to Richardson Real Estate by third parties. Richardson Real Estate has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
599 m²
Listed
3 months ago

Repayment calculator

$1,454/month
$727 /fortnight
Loan $240,000 at 6.10% over 30 years

Upfront costs

Deposit$60,000
Stamp duty$13,070
Conveyancing (est.)$2,000
Total upfront$75,070
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.

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Neighbourhood

Living in Colac

This land in Colac, VIC 3250 sits within reach of public transport, local shops and nearby schools. It is listed 50% below the $599,335 median of 72 comparable landswithin 5 km.

Schools near Colac

  • Lake Colac Schoolcombined · U · CoEd
  • Colac Primary Schoolprimary · Prep-6 · CoEd
  • Colac South West Primary Schoolprimary · Prep-6 · CoEd
  • Colac West Primary Schoolprimary · Prep-6 · CoEd
  • Colac Secondary Collegesecondary · 7-12 · CoEd
  • Trinity College Colacsecondary · 7-12 · CoEd

What's nearby

  • Central Reserve/Gravesend St (bus)903 m away
  • Kaisercraft Colac1.3 km away
  • Lawrence Court Park748 m away
  • Inglis Court Park926 m away
  • Robertson Street Park1.5 km away

Colac at a glance

Full suburb profile
Population
9,243
Median age
44
Household income
$1,108/wk
Median rent
$260/wk
Median mortgage
$1,213/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Colac price trend

Median sold · House 3 bed

Compound growth +2.2% / yr over 4 yrs

$500kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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