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5 Lady Franklin Street, Colac VIC 3250

$285,000-$305,000

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$285k - $299k Transparent Transparent Listing Based on an openly advertised listing price.

Land 512 m²

Listed: 17 days ago

Overview

This land offering in the sought-after Clearwater Rise estate presents an exceptional opportunity for those looking to build their ideal home in the regional town of Colac. The generous 512 square meter allotment benefits from a desirable east-facing orientation, which allows homebuyers to plan living spaces that make the most of natural light throughout the day.

Situated just a short distance from the tranquil shores of Lake Colac, the location combines the appeal of natural lakeside surroundings with practical access to local amenities. Residents here enjoy a relaxed lifestyle with nearby conveniences including shops, cafes, and essential services, making it ideal for families or individuals seeking both convenience and a connection with nature.

The broader Clearwater community is designed with a master-planned vision, incorporating open green spaces, parks, playgrounds, and future recreational facilities. This contributes to a welcoming environment that supports community living and outdoor activities.

Colac itself is positioned as a regional hub with a diverse economic base spanning agriculture, manufacturing, healthcare, and education. The town offers extensive regional services and transport connections, enhancing its attractiveness for long-term residential growth and lifestyle investment.

For buyers considering future value, this estate is part of Colac's planned residential expansion strategy aimed at sustainable growth to 2050. Whether as a primary residence or a long-term investment, this land parcel represents an opportunity to be involved in a growing community that balances natural beauty with regional accessibility.

Local Market Insights

In Colac, Quiet Listings observed 3 new parcels of land entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $310,000. The property type mix of listed properties is predominantly Houses at 80%, followed by land (20%). The most active agency for land in the Colac area is currently Ray White, representing 33% of new listings, followed by Hayeswinckle with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.