Picturesque Colac Offers Magnificient Rural Properties For Sale
The Colac Otway Shire is a richly diverse area located less than two hours west of Melbourne, linked by rail and a dual highway.
The region is among the most picturesque municipalities in Victoria, from the volcanic lakes, craters and plains in the north, to the lush forests of the Otway Ranges and the iconic Great Ocean Road coastline.
Rural Properties For Sale Colac VIC: Natural Attractions
A large proportion of the southern half of the shire is national parkland, boasting waterfalls, bushwalking and some of the most significant environmental assets found in Australia.
Rural properties for sale Colac VIC are located in a richly diverse area located less than two hours west of Melbourne
The northern area of Colac Otway features equally significant environmental features including Lake Colac, Lake Corangamite and the surrounding Ramsar wetlands, overlooked by Red Rock Reserve.
Rural Properties For Sale Colac VIC: Regional Centres
About 21,000 people currently live in the Colac Otway Shire, with about 13,000 people living in the shire’s major industrial, commercial and service centre of Colac (Colac and Elliminyt).
The city of Colac population is forecast to reach 20,000 by 2050, and Colac Otway Shire has a strategic plan to guide sustainable residential growth and infrastructure development.
Rural properties for sale Colac VIC provide a lifestyle choice for those looking for a quieter life through either a sea or tree change
The second major urban centre is Apollo Bay, which has a permanent population of 1,800 (Apollo Bay and Marengo) that swells to more than 15,000 during the busy summer tourist season.
More than 15 small towns and rural communities are spread across Colac Otway, providing a lifestyle choice for those looking for a quieter life through either a sea change or tree change.
Rural Properties For Sale Colac VIC: The Economy
Diverse industries range from tourism and hospitality to key agriculture ventures such as dairy, beef and boutique farming and food enterprises, to sustainable timber production.
Colac is also home to international food processors Bulla Dairy Foods and the Australian Lamb Company, along with Australia’s second largest softwood processor, AKD.
Rural properties for sale Colac VIC are servied by diverse industries range from tourism and hospitality to agriculture ventures
Among Colac Otway Shire’s other significant employers include the region’s quality health service providers, Colac Area Health and Great Ocean Road Health.
Colac is a major retail centre, offering an exciting shopping experience across large stores and franchises and unique small businesses, while farmgate sales across the shire showcase locally-grown produce.
Rural Properties For Sale Colac VIC: Property Prices
Median farm land values in Victoria’s south west – comprising Ararat, Colac Otway, Corangamite, Glenelg, Golden Plains, Southern Grampians and Surf Coast – softened in the first half of 2023 after doubling over the previous five half-yearly periods.
The region’s median value was down 13.5 per cent half-on-half and -2.4 per cent year-on-year to $18,533/hectare.
Rural properties for sale Colac VIC have experienced strong growth in farm land values over the past 20 years
In line with this trend, Colac Otway has experienced strong growth in farm land values over the past 20 years, hitting $20,132/hectare at the end of 2022, taking the five-year CAGR to 14 per cent and the 10-year CAGR to 7.4 per cent. This compares to a state-wide media value of $13,366/hectare.
Rural Properties For Sale Colac VIC: Where To Buy
There’s no better place to find rural properties for sale Colac VIC than farmbuy.com. The specialist rural property website currently has almost 250 rural properties for sale in the area, from small acreages up to large-scale farming operations.
See below for five of our favourite rural properties for sale Colac VIC – or click on the following link for more rural properties for sale Colac VIC.
Rural Properties For Sale Colac VIC: 105 Powers Lane, Birregurra ($850,000)
This quality rural property for sale Colac VIC comprises 14 hectares (35 acres) within minutes of the charming and popular Birregurra township.
Ideally suited to a hobby/lifestyle farm or equestrian property, ‘Rowe Retreat’ is entered via a tree-lined driveway that takes you past the feature dams and through iron gates to where you would build your rural country retreat (STCA).
This rural property for sale Colac VIC comprises 14 hectares ideally suited to a hobby/lifestyle farm or equestrian activities
The elevated home site offers outstanding views of Birregurra and the surrounding Otway Ranges.
The property comes with two excellent sheds (both lock-up and with concrete floors), ample water by way of fresh water storage tanks and two excellent dams, stockyards and a small orchard.
This rural property for sale Colac VIC comes with two sheds, ample water including two dams, stockyards and a small orchard
‘Rowe Retreat’ is well-fenced with substantial shelter and established pastures. This quality Birregurra property for sale is ideal for myriad rural pursuits, be it horses, sheep, cattle or alternate farming.
Click on the following link for more information on this rural property for sale Colac VIC at 105 Powers Lane, Birregurra.
Rural Properties For Sale Colac VIC: 981 Corangamite Lake Road, Coragulac ($1.195 million)
This rural property for sale is set on 9.38 hectares (23 acres) with absolute frontage to Lake Coragulac.
It is a rare opportunity to purchase a property that offers the combination of a well-designed and -built large family home, set in a private garden, together with views over a long frontage to a freshwater lake.
This rural property for sale Colac VIC is set on 9.38 hectares of land with absolute frontage to Lake Coragulac
The residence is a highly energy efficient home that incorporates unique historic features and an eclectic style, whilst still offering plenty of space and comfort for a family or a business.
The home includes a huge kitchen, meals and family room, with separate dining room and a more intimate living area.
The home on this rural property for sale Colac VIC is energy efficient and incorporates unique historic features and an eclectic style
There are two bedrooms/office on the ground floor, including the main with ensuite, and a further three bedrooms and another living area and bathroom on the second floor.
The kitchen includes a beautiful Rayburn Nouvelle combustion stove, together with gas hotplates and a huge pantry. The home also features a large space ideal as a rumpus or hobby room.
The home on this rural property for sale Colac VIC boasts five bedrooms, living room, and a large space ideal as a rumpus or hobby room
Located in a former quarry site, adjacent to Red Rock Reserve, the garden features many diverse and rare plants nurtured over more than 30 years and fascinating landscaped features.
The garden includes many varieties of productive fruit trees, with bore water supply to irrigate.
This rural property for sale Colac VIC features a garden with many varieties of productive fruit trees, with bore water supply to irrigate
This outstanding property is complete with two large machinery sheds, one incorporating a large cool room, and 5KVa solar system, town water, rainwater tanks, auto watering system and much more.
Click on the following link for more information on this rural property for sale Colac VIC at 981 Corangamite Lake Road, Coragulac.
Rural Properties For Sale Colac VIC: 2095 Colac-Lavers Hill Road, Gellibrand ($1.89 million)
Sitting at the top of the winding driveway, ‘Toby’s Hill’ offers something truly unique to the market.
The current home was built in 1999 yet this property has a rich history dating back to the early 1900s. The apple tree still sits proudly at the original home site at the front of the property.
This rural property for sale Colac VIC boasts an impressive four-bedroom, two-bathroom home sitting at the top of the winding driveway
The Beechy Rail Trail passes by the front of property and for those who wish, you can take the short walk into the township of Gellibrand to enjoy a picnic at the park or a meal at the newly opened Gellibrand pub or general store.
Ninety acres (36.4 hectares) of rolling Otway Ranges grace the property with green pasture for horses, cattle and the local wildlife to feast on.
This rural property for sale Colac VIC comprises 36.4 hectares of rolling Otway Ranges with green pasture for horses and cattle
The Gellibrand River flows through the property with the majestic tree canopies providing idyllic places to enjoy family BBQs and camping trips all in the serenity of your own property.
The property has good sheds and outbuildings for farm machinery, hay, equipment and vehicle accommodation, water tanks with a capacity of 67,000 litres, three dams plus access to Gellibrand River, fenced areas for horses and cattle, and cattle yards (horse round yards not included in sale).
This rural property for sale Colac VIC has good sheds and outbuildings and ample water via the river, three dams and water tanks
Stepping inside, the rural property’s impressive four-bedroom, two-bathroom home boasts expansive views in every direction.
The sprawling floor plan also consists of multiple living areas, a spacious kitchen with beautiful Blackwood cabinetry, and picturesque views from every window.
The home on this rural property for sale Colac VIC consists of multiple living areas, spacious kitchen, and views from every window
Wood heating or split system provides a practical touch of country charm and warmth.
The property is conveniently located just 20 minutes from Colac with shopping, schools, medical facilities, and more, and one hour from Geelong.
The home on this rural property for sale Colac VIC was built in 1999 yet this property has a rich history dating back to the early 1900s
If you’ve been considering a change of scenery and lifestyle, this property is an offering rarely seen in the area.
Click on the following link for more information on this rural property for sale Colac VIC at 2095 Colac-Lavers Hill Road, Gellibrand.
Rural Properties For Sale Colac VIC: 895 Corangamite Lake Road, Coragulac ($4.6 million)
The magnificent and substantial ‘Coragulac House’ was built in 1873 by the pioneering pastoralist George Pringle Robertson and has been restored to its former grandeur.
The grand homestead is a 30-room bluestone mansion that retains all of the magnificent features that made it one of the western districts most beautiful and significant homes of the colonial era.
This magnificent rural property for sale Colac VIC was built in 1873 by the pioneering pastoralist George Pringle Robertson
‘Coragulac House’s roofline features twin conical towers and a beautiful prominent stained-glass, coffin-shaped skylight.
Inside the home all original features included by the architects remain including vaulted ceilings, intricate plaster work and stunning Robert Prenzel wood carvings.
The stunning home on this rural property for sale Colac VIC features twin conical towers and a beautiful stained-glass, coffin-shaped skylight
The homestead includes reception hall, formal dining room, magnificent billiard room, three full-sized kitchens, several living areas, nine bedrooms and a large cellar.
The original stables and coach house remain and have been used for many functions and is particularly popular for weddings. A separate cottage provides additional accommodation options.
The home on this rural property for sale Colac VIC boasts reception hall, formal dining room, three full-sized kitchens, andnine bedrooms
‘Coragulac House’ is located on 57 hectares of quality land, with volcanic soils suitable for grazing livestock or horses or horticulture production, complemented by an irrigation water right.
The property offers a remarkable rural lifestyle, with a picturesque location amongst the rolling green hills and on the banks of Lake Coragulac.
This rural property for sale Colac VIC comprises 57 hectares with volcanic soils suitable for livestock or horses or horticulture production
This stunning property offers business potential or simply a quiet lifestyle retreat, situated only one hour and 45 minutes south west of Melbourne and 12 minutes from the busy regional city of Colac.
Click on the following link for more information on this rural property for sale Colac VIC at 895 Corangamite Lake Road, Coragulac.
Rural Properties For Sale Colac VIC: 1320 Colac-Forrest Road, Yeodene ($995,000)
Many dream of it, and few manage it, yet here is the opportunity of a lifetime to take over a property where all the work has been done to create a truly sustainable lifestyle.
An immaculate three-bedroom home built in 1985, beautifully renovated by current owners, is positioned on 3.5 hectares (8.5 acres) of rural land and ideally set up for independent living. It includes an outdoor entertaining area.
This rural property for sale Colac VIC features an immaculate three-bedroom home built in 1985, beautifully renovated by current owners
A home office or retreat space has the potential to return a wage as does the orchard, vegetable garden, chicken coup and animal husbandry infrastructure.
The property boasts three paddocks in all, two to the front of the house, and one to the rear, plus cattle runs, hay sheds, stables, fresh rainwater supply plus dam-sourced external irrigation, and a four-bay car/machinery shed.
This rural property for sale Colac VIC boasts three paddocks, an abundance of established fruit trees, multiple sheds and stables
What’s more, there’s established fruit trees in abundance, including 11 types of apple trees, orange, mandarin, pear, plum apricot, mulberry, peach, and many, many more. A glass house hosts grapes, raspberries and kiwi fruit. All trees are at producing fruit age.
The horseshoe driveway gives an air of a ranch-style home. The three-bedroom home is tasteful, with a large outdoor porch bringing nature to your doorstep. A newly installed bathroom offers an addition of luxury.
This rural property for sale Colac VIC includes a three-bedroom home with a large outdoor porch bringing nature to your doorstep
Surrounded by gum trees, the property is situated only 10 minutes from Colac and 15 minutes from Forrest.
Click on the following link for more information on this rural property for sale Colac VIC at 1320 Colac-Forrest Road, Yeodene.