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 › Borwick St
$755,000
Last sold
3 June 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
901 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
$755,000
3 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Colac (last 5 years) with land size have a median of $675/m² of land (n=133). 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.
Vs Colac
+53.1%
Median sale
Suburb $493,000
-1.51 pp
Gross yield
Suburb 4.34%
Suburb median $493,000 from 128 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 Richardson Real Estate ColacPerfectly positioned on peaceful Borwick Street, this beautifully Simmond's designed family home combines contemporary style with practical functionality, creating an ideal setting for family living and entertaining. Thoughtfully planned and filled with natural light, the home features high-quality finishes throughout.
The heart of the home is a spacious kitchen, equipped with a gas cooktop, double electric oven, and dishwasher. Timber floors flow seamlessly through the open-plan kitchen, dining, and lounge areas, while elegant Caesar stone benchtops add both durability and sophistication.
The main bedroom serves as a private retreat with a walk-in robe and ensuite. The additional three bedrooms are generously sized, each fitted with built-in robes. One of the bedrooms is cleverly designed with a foldaway queen-sized bed and built-in desk, making it versatile as a guest room or home office. The main bathroom, styled in a sleek modern colour palette, features both a separate bath and shower, with a separate toilet for added convenience.
A formal lounge at the front of the house offers a stylish, additional living space. Comfort is ensured year-round with ducted heating, evaporative cooling, ceiling fans, and a reverse-cycle air conditioner.
The home’s large sliding doors open onto an expansive merbau deck, creating a seamless connection between indoor and outdoor living. The beautifully landscaped garden provides a perfect backdrop for family gatherings and offers ample space for children to play. A pop-up sprinkler system ensures easy lawn maintenance.
For added functionality, the property includes 18 solar panels generating 5kW of energy, helping to reduce electricity bills. An oversized double garage with a rear roller door provides easy access to the backyard, complementing the garden shed that offers extra storage. The laundry is fitted with built-in storage and external access for convenience, and security doors with window locks provide peace of mind. With NBN connectivity, the home ensures fast internet access for work or leisure.
Situated in a quiet, family-friendly location, just a short walk from local shops, schools, and amenities, this home offers the perfect blend of comfort, style, and convenience. Designed to meet the needs of both families and entertainers, this home is ready to become your forever sanctuary. An inspection is sure to impress.
*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.
Listing description written by Jake Theodore, Richardson Real Estate 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.