FOR SALE
10000

17 Colac-Lavers Hill Road
Elliminyt VIC 3250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8ha
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Over 55’s Lifestyle Community development

Located within the forthcoming Elliminyt Hill Estate, this expansive 8-hectare (20 acre) property presents a one-of-a-kind opportunity to secure a retirement village / over 55's lifestyle community in the picturesque and charming setting of Colac. With 355m of frontage to Colac-Lavers Hill Road, this site directly interfaces with an established residential community to the north and east, a future residential community to the west and south, and Colac Golf Course to the west. The site is a short drive from Colac's CBD, and is just a one-hour drive to Geelong's CBD, via Princes Highway. Positioned along the Warrnambool Railway line, Colac Train Station close by, providing regular services to Geelong, Melbourne's CBD, Warrnambool and other large townships in Victoria's south-west.
Key Investment Highlights:
- 8ha LLC/Retirement Village Super Lot
- The site sits within a future residential community, and abuts established housing to the north and west
- Colac Golf Course and Racecourse directly neighbour the site
- Expansive frontage to Colac-Lavers Hill Road

Property Details for 17 Colac-Lavers Hill Rd, Elliminyt

Building Type
Land
Land Size
8ha

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About Elliminyt 3250

The size of Elliminyt is approximately 34.5 square kilometres. It has 10 parks covering nearly 2.8% of total area. The population of Elliminyt in 2011 was 2,645 people. By 2016 the population was 2,873 showing a population growth of 8.6% in the area during that time. The predominant age group in Elliminyt is 10-19 years. Households in Elliminyt are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Elliminyt work in a trades occupation. In 2011, 85.1% of the homes in Elliminyt were owner-occupied compared with 84.9% in 2016.

Elliminyt has 1,696 properties. Over the last 5 years, Houses in Elliminyt have seen a 41.25% increase in median value, while Units have seen a 27.64% increase. As at 31 October 2024:

  • The median value for Houses in Elliminyt is $649,437 while the median value for Units is $367,961.
  • Houses have a median rent of $455 while Units have a median rent of $205.
There are currently 5 properties listed for sale, and 1 property listed for rent in Elliminyt on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Elliminyt.

Suburb Insights for Elliminyt 3250

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Kane Malcomson
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Chris Jabs
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.