Back 113 Queen St
Off Market

113 Queen St

Colac VIC 3250

4
2
1
632 m²
House
Last sold for $490,000
Wendy FlintWendy Flint, last sold this property on 05 May 2026 after 38 days on market.

Overview

CALLING ALL INVESTORS!

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.

Features

4 bedrooms
2 bathrooms
1 carspace
632 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Colac over the last 12 months, the estimated median property value of 113 Queen St is $647.5k.

Median value
$647.5k
Estimated value range
$430k - $1.32m
Median days on market
42
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Colac. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 113 Queen St

2026
Sold
$490,000
Private Sale/Treaty on 05 May 2026 by Wendy Flint, of Charles Stewart Real Estate Colac
2022
Sold
$370,000
Private Sale/Treaty on 20 Dec 2022 by Tyson Meiselbach, of YPA Estate Agents Doreen | Mernda

Happy sellers in Colac

90%
90% of sellers in Colac reported that their sale price either exceeded or met their price expectations.

Colac stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Colac over the last 12 months.

Local market activity for 4 bedroom houses in Colac

In the last 12 months, 34 four-bedroom houses similar to 113 Queen St, have been sold.

This represents a 6% increase in four-bedroom houses sales when compared to the previous 12 months.

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