Clearwater, Colac
House & Land
Clearwater Estate emerges as the solution to the acknowledged shortage of housing for essential workers in Colac, as highlighted by the Colac Otway Shire Council in 2021 and 2022. Addressing diverse needs, the estate accommodates over 60% of households being couples, a statistic sourced from the 2021 Census.
Perfectly nestled in the heart of Colac, a town steeped in farming history, this estate offers an impeccable work-life balance merely two hours from Melbourne. Enveloped by the land of the Eastern Maar people and bordered by the shores of Colac Lake, Clearwater Estate provides an array of lifestyle options, including both lakefront and parkside living.
Additionally, its strategic proximity to Geelong, Torquay beaches, and the picturesque Great Otway National Park ensures an enticing combination of tranquility and adventure.
$350 million Cape Otway Road Australia Training Centre to be completed in 2026, attracting more tourism to the area.
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Investor Pack
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Location
Situated just a brief drive from the vibrant city of Geelong, the pristine beaches of Torquay, and the picturesque Great Otway National Park, Clearwater Estate offers convenience and accessibility.
Amenities Map
- 1 min walk to Colac Lake
- 3 min drive to Lake Colac School
- 3 min drive to Colac Yatch Club
- 3 min drive to Colac Bowling Club
- 3 mins drive to Colac West Primary School
- 3 mins drive to St Mary’s Catholic Primary School
- 3 mins drive to Winifred Nance Kindergarten
- 4 mins drive to Murray St Market
- 4 min drive to Colac Botanic Gardens
- 5 min drive to Colac Area Health
- 5 mins drive to Otway Medical Clinic
- 5 min drive to Colac South West Primary School
- 5 min drive to Colac Town Centre
- 6 min to Colac Train Station
- 6 mins drive to Colac Plaza
- 6 min drive to Coles – ALDI – IGA
- 6 mins drive to Colac Central Medical Centre
- 6 mins drive to Colac Primary School
- 6 mins drive to Saints College – Colac Campus
- 6 mins drive to Trinity College Colac
- 7 mins drive to Colac Medical Centre
- 7 mins drive to Colac Specialist School
- 7 mins drive to Colac Secondary College
Community & Lifestyle
There are a number of boutique cafes in the area. Lake View Café offers views over Botanical Garden and lake.
Clearwater Estate boasts convenient access to education for all ages within 10-minute radius.
Great Otway National Park stretches from Torquay, along the world-famous Great Ocean Road.
Lake Colac is a popular location for fishing, water activities and other recreation along its shoreline.
Colac offers an array of shopping experiences across large stores, franchises and unique small businesses.
Option of Bus services, VLine Coach, VLine train service.
Investment Statistics
5.0%
0.4%
9.6%
8.2%
2.6%
67%
$570 – $600
$750 – $800
(Co-living)
$350 million
$2 billion
$272 million
$4.5 billion
AKD Softwoods, based in the region, is Australia’s largest softwood sawmilling company, supported by its extensive plantations.
Master Plan
Near to Lake Colac, surrounded by parks and wetlands and close to everything, Clearwater offers a fantastic opportunity to own a waterfront property.
Renders
Site Photos
Projects
Brookfield Lakes, Bairnsdale
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DISCLAIMER
The prices, images and specifications listed in this document are intended to provide indicative information. Please be aware that these details are subject to change without prior notice. McMullan & Bird strives to maintain accurate and up-to-date information, but market conditions, material costs, and other factors may necessitate adjustments. We recommend consulting with your Business Development Manager for the most current and precise images, pricing and specification details. Your understanding and flexibility in this matter are greatly appreciated.
