Lot 227 The Lookout Estate
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Property Insights
Multi-dimensional analysis · last updated 06/05/2026
Schools
6 nearby schools
Catchment: Colac Primary School
Zoning
GRZ — General Residential Zone
Colac Otway Shire Planning Scheme
Public transport
Data unavailable
Traffic
Low congestion
Minor peak hour impacts occur on weekday mornings (7-9am) and afternoons (4-6pm) when traffic flows toward/from central Colac CBD and regional routes. The Lookout Estate location experiences reduced impact compared to CBD-proximate areas.
Flood risk
Medium
Colac is located in the Corangamite River catchment in southwestern Victoria and has experienced significant historical flooding, most notably in 1952 and more recently in 2011. The township and surrounding properties are subject to the Land Subject to Inundation Overlay (LSIO) under the Colac Otway planning scheme, reflecting documented flood risk from both riverine and local drainage flooding.
Bushfire risk
Moderate
BAL: BAL-19
Crime profile
below average
Trend: stable
Nearby development
5 projects nearby
Colac is experiencing modest, council-supported revitalisation activity focused on town centre activation, healthcare infrastructure and peripheral residential growth. Development intensity remains moderate, typical of a regional centre, with emphasis on supporting existing amenities and incremental population growth rather than major commercial expansion. Key projects align with state regional development priorities and local economic diversification.
Heritage
Heritage listed
Colac is a historic regional centre in Victoria's south-west with a notable heritage precinct centred on its 19th-century civic and commercial district. The town contains multiple local heritage listings with a conservation area covering the historic town centre and surrounding residential areas of character. Development within heritage overlays is subject to planning approval and conservation requirements.
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Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 0
- Bathrooms
- 0
- Parking
- 2
- Land Area
- 183m²
- Listed
- 2 days ago