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40 Wallace Street, Colac$285,000

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Soldland

40 Wallace Street

Colac, VIC 3250, Australia

$285,000

917 m²

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Listing description

About this property

This generous 917sqm block of land offers a fantastic opportunity to secure a well-positioned parcel in the heart of Colac. Boasting a desirable location, it is just a short stroll to Bunnings, the Coles complex, and other essential amenities. With services available and both a planning permit and development plans already in place, this property provides a head start for those looking to build their dream home or invest in a prime development site. An excellent chance to capitalise on a central location with convenience at your doorstep. *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: Sold
Land Area: 917 m²
Listed: 3 months ago

Repayment calculator

$1,382/month

$691 /fortnight

Loan $228,000 at 6.10% over 30 years

Upfront costs

Deposit$57,000

Stamp duty$12,170

Conveyancing (est.)$2,000

Total upfront$71,170

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 53% below the $608,000 median of 76 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

Colac (train) — 922 m away
Kaisercraft Colac — 368 m away
Lawrence Court Park — 796 m away
Memorial Square — 860 m away
Inglis Court Park — 1.4 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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