104 properties for sale in Irrewillipe

What's driving Colac is a combination of steady demand and very limited supply. From a fundamentals perspective, the rental market is the strongest indicator. Vacancy rates are currently sitting around 0.5%-0.9% (SQM Research / local agent data), which is extremely tight. Anything below 2% is considered a landlord's market, so this reflects a genuine undersupply of housing rather than short-term demand. This aligns with what we're seeing on the ground. Colac has a well-established local economy, particularly in food production, agriculture, and timber, with major employers such as Bulla Dairy Foods, Australian Lamb Company, and AKD Softwoods (ABS Census 2021 / Colac Otway economic profile). As the area is not reliant on a single industry, employment tends to be more stable, which supports consistent rental demand. In terms of demographics, there is a strong proportion of working-age residents, particularly in the 20-29 age bracket-typically the group most likely to rent, further reinfo

Step into this brand-new home, thoughtfully designed for modern living and comfort. Boasting four bedrooms, two bathrooms, and a double car garage, this low maintenance home sits on 422sqm making it both simple and practical. Inside, you'll find two living areas, ideal for growing families or those who love to entertain. The heart of the home is the open-plan living, dining, and kitchen space, filled with natural light thanks to large windows in every room. The modern design flows seamlessly throughout. The master bedroom serves as a private retreat, complete with a walk-in robe and a sleek ensuite. The remaining three bedrooms are all fitted with built-in robes and soft carpeting, ensuring comfort for the whole family. There's also flexibility for a home office, perfect for remote work or study. The main bathroom is designed with convenience and families in mind, offering both a bath and shower, with a separate toilet. A spacious laundry provides excellent storage, including a large c

Set in an exceptionally convenient position just a short stroll from the Main Street and the ever-popular Western Oval, this solid brick three-bedroom unit presents an outstanding opportunity for astute investors seeking reliable returns and long-term capital growth. Currently returning $430 per week and securely tenanted until October 2026, the property offers immediate income with the benefit of a fixed lease in place, providing peace of mind and cash flow certainty from day one. Constructed from durable brick for lasting performance and minimal maintenance, the property offers a practical and well-designed floorplan that appeals strongly to quality tenants. The three generously proportioned bedrooms provide comfortable accommodation for families, professionals, or shared living arrangements, while the functional layout ensures easy day-to-day living. Its solid build and low-upkeep nature make it an ideal set and forget addition to any investment portfolio. Location is the true highl

Introducing the inviting Camberwell design, a single-storey haven designed for modern comfort and style. This spacious layout features four bedrooms, including a luxurious master suite complete with a walk-in robe and ensuite, offering a private retreat. Convenience is key with a double car garage providing ample parking and storage space. The heart of the home is the stylish kitchen, boasting an island bench that serves as the centrepiece for culinary delights. Seamlessly connected, the open-plan meals and family areas create a welcoming space for gatherings and relaxation, extending gracefully to an outdoor living area for alfresco entertainment. Adding practicality, a separate bathroom and powder room cater to the needs of residents and guests alike. Plus, a spacious laundry completes the picture of functionality. With its thoughtful design and contemporary features, the Camberwell design promises a harmonious blend of comfort and sophistication for modern living. With Kingsbridge H

Set on an impressive 13.24 acres of land, this beautifully presented three-bedroom, two-bathroom home offers space, comfort, and a true sense of serenity. Surrounded by lush greenery and colourful gardens, the property feels like your own private haven while still being conveniently close to town. From the moment you arrive via the long, tree-lined driveway, you're welcomed by the home's charming country style presence, complete with a double carport and a wrap-around verandah that allows you to relax and soak up the tranquillity. The residence itself radiates warmth and character. Inside, stunning timber features create warmth, incorporating multiple living zones to relax, entertain or enjoy your own space with work or rest. The open-plan kitchen, living, and dining area forms the heart of the home. The sophisticated kitchen boasts beautiful timber cabinetry, ample storage, an island bench, and large walk-in pantry. The space connects to the sunroom with bay windows providing a peacef

Welcome to 39 Clark Street, Colac a quality character home with modern conveniences. This entertainers home offers a chefs kitchen, four living areas, four bedrooms,four bathrooms and garaging for four cars, this property has such much on offer to suit the most discerning of buyers. The centre piece of the home is the kitchen, offering three ovens, loads of storage and ample bench space. From the kitchen there is an adjoining formal dining room and access to the North facing deck that offers a sheltered, all-weather outdoor dining option. The entertainer's package is complimented by the undercover outdoor kitchen. This home offers lovely living spaces to relax in and of the four spacious bedroom, two feature their own fireplaces and ensuite, the other two bedrooms have built in robes and have the main bathroom for added convenience. The garaging on the property is for four cars two in the lockable garage, two in carports and under this same roof-line is the utility shed and the fourth

43 Gravesend Street is a stunning period home that truly offers class at its very best. The home offers large living spaces, chefs' kitchen, library, four bedrooms, two bathrooms and the home exudes warmth, comfort and class throughout. The property is on an allotment of 1326 square metres and the home has solar panels, solar hot water unit and gas ducted heating and a reverse cycle air conditioner for temperature control. The fabulous cottage style gardens lead you to the 15m swimming/ lap pool, your hidden oasis. This property is within easy walking distance to the ALC Stadium, City Bowls Club, Bluewater Fitness Centre, COPPAC, the Railway Station and then onto the CBD. Nearby are schools both primary and secondary, kindergartens and this home has ample off-street parking for the vehicles via rear lane access. All precautions have been undertaken to establish the accuracy of the above information. Interested parties should make and rely on their own enquiries in relation to all aspec

Set on approximately 5 acres, 270 Bullock Swamp Road, Warrion offers the perfect blend of comfort, space and versatility. The neat three-bedroom, one-bathroom brick home features a light-filled, modern kitchen with ample bench space, while year-round comfort is assured with a wood heater and split system reverse cycle. The bathroom is well-appointed with a spacious walk-in shower and vanity, complemented by a separate toilet for added convenience. Outside, the property truly comes into its own. A lined shed provides the ideal setup for a mancave, social space or even a fourth bedroom. While the shedding overall is exceptional, multiple steel-framed sheds offering endless options for running a business from home, storing vehicles, machinery or pursuing large-scale projects. With plenty of room to run a few head of livestock, this is a fantastic opportunity to bring your hobby farm vision to life. Conveniently located just under 15 minutes from Colac, this is a rare lifestyle property wi

CRE Brokers proudly present the Colac Central Hotel Motel - a premier freehold investment opportunity in the heart of regional Victoria. Securely leased to proven operators, this well-established property offers multiple income streams from a public bar, bistro, drive-thru bottle shop, motel, and function facilities - all recently refurbished to a high standard. The lease delivers a solid annual return with long-term security and CPI-linked increases, making it an ideal set-and-forget investment. Positioned in Colac's thriving town centre, just 150 km from Melbourne, the asset benefits from a growing regional population, strong local industries, and a steady tourism market driven by the nearby Great Ocean Road and Otway Ranges. This is a rare chance to secure a quality hospitality investment in one of Victoria's most resilient regional economies - offering both income stability and long-term growth potential

Built in 1907 for Dr Richard Horace Gibbs, Glenora is a commanding example of Federation Queen Anne architecture, occupying a high-profile corner position in the centre of Colac. Originally designed as both a doctor's surgery and private residence, the property still delivers that rare, purposeful duality today. Zoned Commercial One, the building is configured to operate as a professional premises with residential capability. The ground floor features a formal entry with stained-glass windows, detailed timber panelling and a sweeping timber staircase, all strong expressions of its Art Nouveau influence. Five individual offices, a strong room, kitchen and bathroom amenities create a flexible layout, well suited to professional services, creative studios, or an art gallery seeking character, light and presence. The first floor transitions into a substantial residence. Four bedrooms are complemented by a formal lounge with open fireplace, a kitchen and meals area flowing into an adjoining

This two bedroom home is situated within a short walk to Bluewater Fitness Centre, Colac Secondary College and the corner milkbar. Boasting new window coverings, a fresh coat of neutral paint to lighten and brighten each space and a new split system, this property is comfortable and quaint. Ideal for the investor with a current rental return of $400 per week! Property Features: - Eat in style kitchen with dishwasher and good storage - Spacious lounge room with split system - Bathroom with shower over bath - 650sqm block with a secure rear yard - Bungalow/storeroom in the backyard

Just one block north of Murray Street and offering the convenience of street parking, this well-located freehold property presents a prime opportunity for both commercial enterprises and residential conversion. Currently configured with a welcoming reception area, three private office rooms, and a dedicated side entrance, the layout is ideally suited for a range of professional or business uses. With council approval, the property also holds exciting potential to be transformed into a modern inner-city residence or short-term accommodation such as an Airbnb. It is currently tenanted under a 2x2x2 commercial lease with a weekly rental income of $375 per week inclusive of GST. A covered porch leads to a central entryway, unveiling a flexible floorplan that can be easily customized with built-in joinery to suit specific needs. Freshly painted throughout, the interior also features quality carpets, new blinds, and recently replaced front windows, enhancing the overall presentation. Additio

Owners want sold with price slashed to $3.2m. Outstanding and rare opportunity. Well below replacement value with secure tenant. 5 year lease commenced 16 March 2025 with 4 x 5 year options (25 years remain). Set on an expansive 4,071m2 parcel of Commercial 1 Zoned land, this high-performing investment boasts multiple established revenue streams, underpinned by a strong local economy and consistent tourism trade. This fully refurbished asset includes: - Public bar, bistro, and beer garden with BBQ facilities, catering to locals and travellers alike. - Drive-thru bottle shop - a key convenience offering with excellent turnover potential. - 14 upgraded hotel rooms, tastefully renovated to modern standards. - 20 twin motel rooms, each featuring new beds, headboards with USB ports, microwaves, and fresh decor. - Conference/function room, adding another layer of commercial flexibility. - A comfortable 2-bedroom manager's residence, ideal for onsite management or additional rental income. Po

This inviting three bedroom, two bathroom brick home on 924sqm offers comfort, functionality, and an easy lifestyle in a convenient location. All three bedrooms are generously sized, with one featuring a built-in robe. Each room in the home is enhanced by large windows that allow natural light to flow through, creating a warm and bright atmosphere. Beautifully restored timber flooring ties the home together, complementing the neutral colour palette that makes it easy to add your own personal style. The open-plan kitchen, dining, and living area forms the heart of the home. The living room is cosy yet spacious, complete with a gas heater and reverse-cycle air conditioner for year-round comfort. The kitchen is generously sized, offering ample storage and an island bench that provides additional cooking space or a casual seating option. An inviting entry and hallway set the tone for the home, offering a welcoming first impression and easy access to each room. The home leads through to a g

Set along one of Colac's most established, tree-lined streets, this three-bedroom brick residence brings scale, substance, and a coveted position moments from Lake Colac. The home stands proudly on a 1,335m² allotment, framed by mature gardens and defined by its wide rooms and large windows that draw in natural light throughout the day. Inside, generous rooms, large windows and a well-resolved floorplan establish a refined sense of space. The formal lounge, full-sized dining room and additional sitting area offer distinct zones for both relaxation and entertaining, while the central kitchen, bathroom and extensive storage support comfortable, well-appointed living from day one. The rear garden reinforces the home's appeal, offering depth, privacy, and room to evolve the property as tastes and ambitions grow. With the added advantage of rear lane access, the block delivers genuine flexibility. Move straight in and enjoy the comfort it provides today, with clear scope to renovate or elev

Set on just under five acres within the Colac township, 38 Wilson Street offers genuine rural living without sacrificing everyday convenience. The land is well planned and fully usable, divided into six fenced paddocks, each with water, making it ideal for lifestyle buyers who want space, structure and flexibility. The main living area is open and light-filled, with large windows drawing in natural light and uninterrupted paddock outlooks. The kitchen is practical and well considered, offering generous bench space and storage, well suited to both daily living and entertaining. The home is supported by two bathrooms, including an ensuite with spa bath, while the sunroom provides a quiet place to sit and take in the surrounding land, from early mornings through to the end of the day. Infrastructure is a standout. Two sheds support both work and leisure, including a substantial 12 x 8m shed for vehicles or equipment, and a second shed currently set up as a games room with a pot-belly stov

Watching the sunrise through to sunset over Lake Colac from your very own master suite is just one of the exceptional offerings at 8 Queen Street, Colac. Renovated to the highest standard, this Federation double storey home possesses elegance, history and a stunning vista. Walk along the waterfront to visit the Botanic Gardens and Lakeview Cafe at one end of the street and to the other, the Yacht Club and Bowling Club, a Lakeside Dream! The north-facing aspect of the generous 1314sqm block, captures beautiful light into the formal living room and studio outside. Set amongst a charming cottage garden featuring stunning roses, enjoying a meal or drink outside can be done from a number of breakout spaces. The characteristics are abundant and the renovation has incorporated all the best of modern comforts within the period home. Well measured and perfectly implemented, the high ceilings, pressed metal detail and fireplaces all display features of yesteryear. With new double glazed windows,

CORAGULAC ACRES Don't miss this opportunity to secure an acreage block at never to be repeated prices. Build your dream home near Colac in a rural environment and enjoy true community living, with power to pit. Raised allotments featuring magnificent volcanic soils. Sealed road frontage, town garbage service and RSD mail service. Superb building sites and close to two primary schools plus bus service to Colac secondary schools. Only 1.5 kilometres to licenced general store/post office and six minutes to Colac. Coragulac Acres is situated within close proximity to Red Rock Scenic Lookout, St Brendan's Catholic Primary School, Alvie State Primary School, Coragulac Kindergarten, Red Rock Winery and St Andrews Anglican Church. Lot 2, 77 Ryans Lane, Coragulac(1.14 acres) SOLD Lot 3, 79 Ryans Lane, Coragulac (1.45 acres) $240,000 Lot 4, 81 Ryans Lane, Coragulac (2.2 acres) $345,000 (Can be further subdivided STCA) Lot 5, 69 Ryans Lane, Coragulac (14.15 acres) $405,000 (power and water connec

Located only minutes from the centre of town, this attractive four bedroom home is situated high on the hill with views spanning right across Lake Colac and surrounds. The home features a modern kitchen with electric appliances, including dishwasher, plenty of bench space and good storage. Open with the living and dining, you have direct access to the north facing balcony to enjoy the beautiful sunsets. A second separate lounge room provides space for the entire family and you'll be kept comfortable year round via the reverse cycle air conditioner, wood heater and open fire place. The main bedroom has full ensuite with separate toilet and built in robes. Three further bedrooms all good sized, with two offering built in robes. Also a double garage plus additional storage make this an ideal family home with side access via the big double gates and a spacious yard for the kids and pets. Within easy commuting distance to Geelong and Melbourne and only minutes to the Colac central business

'Tarakee' Camperdown, South West Victoria 254.55ha (629 acres) of Blue Chip dairying or fattening country. Opportunity presents after two lifetimes of continuous family ownership to secure a turn key, premium agricultural operation in the reliable south west Victoria. Grazing and abundance of water doesn't get much better than this - from the rich alluvial summer peat flats to the warm and naturally fertile volcanic rises, it is no wonder the early settlers selected this prime parcel of land fronting the renowned Lake Purrumbete all those years ago. Boasting natural water springs, significant deep bore irrigation and the back up of stock and domestic water from freshwater Lake Purrumbete, this property is truly droughtproof. The original family farm of the current owners, descendants have cast their farming ability far and wide across the local district. Currently operating as a highly profitable dairy enterprise, the property lends to many styles of grazing and backgrounding for the a

835 Acres - 337.90 Hectares Camperdown / Pomborneit North District To be offered as a whole or in two adjoining lots An appealing rural parcel of land on the eastern shore of Lake Corangamite. Located with easy access to the townships of Colac (20 minutes) and Camperdown (15 minutes). Excellent opportunity for recreational hunting with several species of deer in the area. Amazing aesthetics with historic rock walls throughout, the rich, well-drained, low input volcanic soil provides quality grazing country for cattle and sheep. Balance of rock rolled land and open grazing areas with isolated warm barrier rises and treed areas. Superb winter country. Lot A: Rands Rd One, 350-acre title with 1.2 kilometers of absolute Corangamite Lake frontage. Well fenced into 6 main paddocks with outstanding water supply via one bore with solar pump feeding into two storage tanks gravity feeding six troughs. Four natural flowing freshwater springs in the lake paddock, flowing year-round. House and prop

Spanning approximately 75 acres of gently rolling, productive farmland across two separate titles, this exceptional property presents a rare opportunity to embrace a peaceful rural lifestyle immersed in nature. The land features flowing water throughout, including a natural watercourse and a beautiful dam surrounded by established trees, creating a quiet, sheltered spot to relax and enjoy the abundant wildlife. Sealed road frontage and three-phase power add practicality and flexibility, while elevated areas across the property capture golden sunsets and ever-changing rural vistas. An older style weatherboard home sits comfortably within the landscape, offering simple, functional accommodation. The residence features an open-plan kitchen and living area filled with natural light, a practical layout, and three bedrooms - ideal for immediate use while planning future improvements. An open bay shed provides additional utility for storage, machinery, or ongoing land management. From various

This 236-acre property offers a well-balanced mix of lifestyle and productivity, featuring a comfortable three-bedroom, one-bathroom weatherboard home. The residence includes an open-plan kitchen and dining area with a separate lounge, providing a warm and inviting family space. The land is divided into thirteen well-blended main paddocks with low-input soils and reliable bore water supplied from two boresone electric and one windmill-fedpumping to header tanks. Light pockets of rock with productive volcanic soils complement the rich, heavier carrying flats, which are ideal for later-season country. Approximately one-third of the property can be cut for fodder, adding valuable versatility to the operation. Infrastructure includes a five-bay hay shed, additional sundry shedding, and a disused dairy incorporating the steel and timber cattle yards, along with a race and crush, support efficient livestock handling. This is an excellent opportunity to secure a productive rural holding with

Set on approximately ten acres of rolling Beech Forest countryside, this picturesque property offers an exceptional opportunity to embrace a peaceful rural lifestyle while generating income from an established and diverse orchard. The land enjoys sweeping views across gentle hills and pockets of mature forest, creating a sense of privacy, space and natural beauty in every direction. The property features around 280 young trees ranging between 3 and 9 years of age, including 116 productive fruit and nut varieties. Plums, apricots, cherries, blueberries and raspberries are already thriving, complemented by kiwis and an appealing selection of ornamental species such as redwoods, maples, oaks and callistemons. Extensive irrigation is already in place, ensuring the orchard is efficiently watered throughout the year. Combined with plentiful water supply from two 13,500 litre tanks, the property is exceptionally well set up for reliable, ongoing production. With thoughtful planning and the ha

Surrounded by clear open paddocks, 1310 Colac Forrest Road offers the perfect blend of peaceful country living and practical family comfort. Lovingly maintained and thoughtfully improved over the past 21 years, the home is ready for its next chapter. Inside, the home is filled with natural light. Floor-length windows in the north facing open living area and bedrooms welcome sunshine from morning through to afternoon, creating a bright and airy atmosphere bringing the outdoors in. Neutral grey carpet throughout and new window coverings add a fresh and modern feel while maintaining warmth and country charm. The modernised kitchen features generous bench space and an abundance of storage. Designed for both practicality and comfort with wood combustion heating creating ambience whilst you enjoy hearty meals in the wintertime. The open kitchen and dining area flows into the living room or outside to the alfresco, creating a central hub for practical everyday living or entertaining. The home