42 Talbot Street
Colac, 3250 VIC
1950 house on a 2,032 m² block with 20m frontage.
Property Snapshot
1950House3 Bed2 Bath4 Off Street2,032 m² Land136 m² Internal20m Frontage
Investment Highlights
What makes 42 Talbot Street compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
2,032 m²
Frontage
20m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Rare add-value profile — 1950 house on a 2,032 m² block and a 20m frontage.
Renovate upside — modest 136 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 428m to bus, 999m to train station and 659m to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
2
Parking
4 off-street
Internal Area
136 m²
Ownership & Value
Last Sold$620k
Sold DateApr 2026
Land Value—
RPD3\LP13103
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
3 Bed Median
$485k
Growth Since 2026
—
Price Estimate
—Low
$620k
—High
VeryHigh Confidence
—
Since last sold — $620,000 — April 2026
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$460
3 Bed Yield
4.9%
Vacancy
1.0%
Rentals Last 12M
9
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: BPA - Bushfire Prone Area. Heritage: Aboriginal Cultural Heritage Sensitivity. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 42 Talbot Street.
Train Station
999m
Bus Stop
428m
Schools
659m
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
6.6%Train Station
999mBus Stop
428mCentre Zone
818mRoad Type
residential (Low Noise)School Catchment
659mColac Snapshot
Broader suburb metrics that support the local story.
Population
9,243
Owner Occupiers
66%
Social Housing
6.6%
Crime Index
—
Not available
High Owner Occupier AppealLow Vacancy
Explore Colac in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
