165 Reed RoadColignan VIC 3494
Property Details for 165 Reed Rd, Colignan
Last Listing description (January 2026)
Marty Deacon, Director at Elders Real Estate, is pleased to present this rare and versatile property ideal for extended families, investors, or accommodation providers.Set on a spacious 2000m ( acre) block, this property offers two fully furnished dwellings and excellent potential for dual living or rental income.Property Features:Main Dwelling Bunkhouse Accommodation* Self-contained accommodation currently configured to sleep up to 12 occupants* Includes a commercial-grade stainless steel kitchen, two bathrooms, and open plan living area* Currently used to house seasonal workers at $140 per person per week for 34 months annually* Wi-Fi and mobile coverage availableSecond Dwelling 2-Bedroom Cottage* Stand-alone, fully furnished 2-bedroom home* Open plan living, galley kitchen, bathroom, and laundry* Front and rear verandas* Single lock-up garage plus additional lean-to for boat or second vehicle* Sleeps up to 8 peopleKey Highlights:* Total of 6 bedrooms across both dwellings* Sleeps up to 20 people* Fully furnished walk-in, walk-out sale* Income-generating potential from seasonal accommodation* Ideal for a larger family, dual living, or investorAn inspection will not disappoint properties like this don't come along often! Contact: Marty Deacon Elders Real Estate
Property History for 165 Reed Rd, Colignan, VIC 3494
- 30 Oct 2025Listed for Sale $500,000
- 16 Oct 2018Sold for $130,000
- 21 Nov 2017Listed for Sale $600,000 - $660,000
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About Colignan 3494
The size of Colignan is approximately 90.4 square kilometres. It has 3 parks covering nearly 6.8% of total area. The population of Colignan in 2016 was 329 people. By 2021 the population was 305 showing a population decline of 7.3% in the area during that time. The predominant age group in Colignan is 20-29 years. Households in Colignan are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Colignan work in a labourer occupation.In 2021, 43.20% of the homes in Colignan were owner-occupied compared with 40.80% in 2016.
Colignan has 155 properties. Over the last 5 years, Houses in Colignan have seen a 165.85% increase in median value, while Units have seen a 162.85% increase. As at 31 January 2026:
- The median value for Houses in Colignan is $411,258 while the median value for Units is $570,730.
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