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22 Gravesend Street, Colac$537,500
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For Salehouse

22 Gravesend Street

Colac, VIC 3250, Australia
$525,000 – $550,000
3 bed 2 bath 1 car543 m²

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About this property

This early settler's cottage presents an opportunity to secure a character-filled home, combining timeless charm with thoughtful modern updates in a convenient Colac location. From the inviting front veranda to the original character features found throughout, the home offers warmth and appeal while providing comfortable everyday living. Inside, the home combines its original charm with thoughtful modern updates, creating a practical and welcoming space. The main bedroom features an ensuite finished in neutral tones, while all three bedrooms include built-in robes providing practical storage. One of the front bedrooms showcases a decorative fireplace surround, further enhancing the home's original charm and character. The welcoming living area is centred around a painted brick fireplace with a built-in wood heater, creating a cosy space to enjoy through the cooler months. The adjoining north-facing kitchen and dining area features timber benchtops, feature lighting and the added convenience of a butler's pantry complete with a sink, dishwasher and excellent storage. A central bathroom includes a shower over bath, vanity and toilet, while the separate study provides flexibility as a home office, nursery or hobby room. Set on a corner allotment, the property also includes a single garage with access via Morrison Street and enjoys a convenient location close to shops, schools, sporting facilities, the hospital and train station. With a current lease in place until September 2026 and returning $450 per week, the property presents an excellent opportunity for investors seeking an immediate rental return with an established tenancy already in place. *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
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
1
Land Area
543 m²
Listed
3 days ago

Repayment calculator

$2,606/month
$1,303 /fortnight
Loan $430,000 at 6.10% over 30 years

Upfront costs

Deposit$107,500
Stamp duty$27,320
Conveyancing (est.)$2,000
Total upfront$136,820
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 3-bedroom house in Colac, VIC 3250 sits within reach of public transport, local shops and nearby schools. It is listed 12% below the $611,868 median of 84 comparable houseswithin 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

  • 29 Gravesend St (bus)89 m away
  • Bakers Delight532 m away
  • Inglis Court Park275 m away
  • Lawrence Court Park432 m away
  • Robertson Street Park608 m 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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1 price change recorded for this property

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