113 Queen St, Colac is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 632m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last transferred in June 2024.
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.
The size of Colac is approximately 37.5 square kilometres. It has 20 parks covering nearly 2.3% of total area. The population of Colac in 2016 was 9048 people. By 2021 the population was 9243 showing a population growth of 2.2% in the area during that time. The predominant age group in Colac is 20-29 years. Households in Colac are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Colac work in a labourer occupation.In 2021, 65.80% of the homes in Colac were owner-occupied compared with 66.60% in 2016.
Colac has 5,797 properties. Over the last 5 years, Houses in Colac have seen a 32.43% increase in median value, while Units have seen a 11.62% increase. As at 31 March 2026:
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