Colac at a glance
9,153
People
$493,000
Median sale
$411/wk
Median rent
4.34%
Suburb gross yield
Median sale from 128 recorded sales (last 12 months) — a Districts calculation.
VIC › Colac › Gravesend St
4
Bedrooms
1
Bathrooms
1
Car spaces
1,567 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Colac (last 5 years) with land size have a median of $675/m² of land (n=134). Districts calculation from recorded sales — not a valuation.
Colac at a glance
9,153
People
$493,000
Median sale
$411/wk
Median rent
4.34%
Suburb gross yield
Median sale from 128 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $411/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Colac at a glance
9,153
People
$493,000
Median sale
$411/wk
Median rent
4.34%
Suburb gross yield
Median sale from 128 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White ColacConveniently positioned in one of central Colac's most tightly held neighbourhoods and being offered to the market for the first time in over 40 years. This timeless rich in detail federation home is set on approximately 1567 square metres with rear lane access and moments away from absolutely everything you'll ever need, including the shopping precinct of Colac, train station, schools, medical centres, sporting clubs and the list goes on.
Upon arrival you'll be amazed by the street appeal of the grand 1900's home with it's timber fretwork and other gorgeous period features. Be equally impressed by how well kept it's been by the current owners who have loved and cared for the home over their generational stint. Step inside and continue to be blown away by the soaring pressed tin ceilings, original coloured windows, english carpet, wide hallway, exposed brick and timber work just to name a few. The functional floor plan comprises of four bedrooms with the option of converting one to an office, an interconnecting kitchen and dining room, both living plus lounge room, bathroom, laundry and separate toilet. Although the home has retained its original charm it has been fitted with central ducted heating, three split systems and solar panels.
Outside, the sensational established garden spread across the large allotment looks outstanding providing plenty of privacy and makes it feel as though you aren't in the middle of town even though you are. At the rear of the property is a laneway providing rear lane access to the garage/workshop, a green house plus a garden shed for all your gardening requirements.
Whether you're looking to buy a house to live in from day one without doing a thing or looking for a characteristic blank canvas to renovate or extend, this property is sure to pull on the heart strings and has the capability to become whatever your imagination dreams of.
A property that ticks all three boxes of location, street appeal and allotment size are truely rare to the market. Don't miss your chance to secure this generational opportunity, contact us today to book an inspection before it's too late.
Listing description written by Rhyley Edge, Ray White Colac — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.