191 Hearn Street, Colac, Vic 3250

$440,000 - $460,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
605 m²
Area

Published on Wednesday, October 14, 2026 ( See property details for 191 Hearn Street, Colac, Vic 3250)

$440,000 - $460,000

Andrea Ivermee Director/Licensed Estate Agent/Sales Specialist
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-positioned three-bedroom house on a corner block offering modern comforts, country views, and excellent investment prospects in Colac.

🏡 Property Highlights

  • Excellent investment potential with strong rental return of $495 per week
  • Set on a spacious 605sqm corner block with country views
  • Updated switchboard and reverse-cycle air conditioning for modern comfort
  • Double garage with convenient access from Richmond Street
  • Close to schools and town amenities for easy living
  • Enclosed backyard and established garden for outdoor enjoyment

✨ Key Features

  • Garage
  • Air Conditioning
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Secure Parking
  • Fully fenced
  • Water tank
  • Ducted Gas Heating
  • Pet-Friendly
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191 Hearn Street
Colac, VIC 3250
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Vertical aerial view — 191 Hearn Street
191 Hearn Street — Vertical Aerial  •  Colac, VIC 3250  •  Nearmap © 2026

Colac is a vibrant regional town offering a blend of country charm and urban convenience. It boasts excellent schools, diverse amenities, and scenic views, making it ideal for families and investors alike. The area features established parks, local markets, and a welcoming community atmosphere. With strong rental demand and growth potential, Colac is a smart choice for property investment. Its proximity to natural attractions and essential services ensures a balanced lifestyle for residents.

What are the key features of this property?
This property features three bedrooms, a double garage, reverse-cycle air conditioning, ducted gas heating, an enclosed backyard, established garden, and modern updates including an updated switchboard.
Is the property suitable for investment purposes?
Yes, the property currently generates a rental income of $495 per week and is tenanted until August 2027, making it an attractive investment opportunity.
What are the nearby amenities and schools?
The property is conveniently located close to local schools, town amenities, and offers scenic views across paddocks towards Trinity College.
Does the property have outdoor living spaces?
Yes, it features a large, enclosed backyard and established garden, ideal for outdoor activities and family gatherings.
What modern comforts does the house include?
The house includes reverse-cycle air conditioning, ducted gas heating, and an updated switchboard for enhanced safety and convenience.
Are there any upcoming plans for development or construction in the area that could affect the property? Are there any zoning restrictions or easements on the property that I should be aware of? Has the property experienced any flooding or bushfire risks in the past? Are there any known issues with the property's structure or systems that require attention? What are the council rates and any additional costs associated with the property? Is the current tenancy compliant with all rental regulations and standards? Are there any planned upgrades or repairs needed for the property? What are the terms of the current lease, and are there any restrictions on future sale or use? Is the property part of a strata or community title scheme, and what are the associated fees? Are there any noise or neighbour-related issues in the vicinity?

191 Hearn Street, Colac, Vic 3250 - More Details

$440,000 - $460,000

Offering an appealing opportunity for first home buyers or investors alike, 191 Hearn Street combines comfortable living with excellent investment potential. Featuring three bedrooms, ducted gas heating, an updated switchboard and reverse-cycle air conditioning, the home offers a practical starting point for buyers looking to enter the market.

Set on an approximately 605sqm corner block, the property also features a double garage with access from Richmond Street. Enjoy views across the paddocks towards Trinity College, bringing a touch of country charm while keeping town convenience close at hand.

Currently tenanted at $495 per week until August 2027, the property presents an attractive opportunity for investors seeking an established rental property or looking to add to their property portfolio.

With a large, enclosed backyard and established garden, it's appealing location close to schools and town amenities, and a strong rental return of $495 per week, this is an opportunity worth adding to your inspection list!

Contact our team today to view the property!

Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
605 m²

Price guide

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Map & nearby places — 191 Hearn Street, Colac, Vic 3250

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