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New homes

Victoria

Land in Geelong & Surf Coast

Land in Colac

Clearwater

441 Murray Street, Colac VIC 3250

Under constructionSelling now

Explore land lots313 – 854m²

Progress verified

Planning approved
Works started
In progress
Complete

Development underway in Colac by DM PROPERTY & RPM GRP

About

Welcome to Clearwater, Colac’s newest premium land estate, located on the serene shores of Lake Colac. Perfectly placed moments from Colac Town Centre, and just a short drive from Geelong, Torquay and the tourist hotspots of the Great Ocean Road and Great Otway National Park, this picturesque location provides tranquillity and adventure, ideal for those seeking a peaceful and vibrant lifestyle.

Offering a variety of properties for sale in Colac from $269,000*, Clearwater has something to suit every life stage and budget. Whether it’s a lakeside retreat to enjoy the picturesque sunset or a luxurious family residence, we have the perfect lot for you, ranging in size from 301m2 to 795m2. Don’t miss the chance to be part of Colac’s most coveted address at Clearwater.

Meet the team behind Clearwater:

With a collective experience of more than two decades in the development field, the DM Property team is spearheaded by directors Brendan Mullan and David Dordevic.

DM Property delivers exceptional projects throughout Victoria, demonstrating a steadfast dedication to environmental, social, and governance practices whilst reinvesting in the local community through their projects.

DM Property boasts a pipeline of over $400 million in active projects. Their similar venture in Shepparton, also in partnership with Winslow, is progressing rapidly through construction as we speak.

Stage 1 & 2 Construction well progressed - Titles Q1 & 2 2026!
House & land packages from $492,140* now available!
Clearwater offers the rare privilege of lakefront living in Colac.
Just 5 minutes (3km) from the City Centre.
Coles, Woolworths, Aldi, Bunnings, Kmart all located within Colac.
A short walk to Colac's Botanical Gardens, Golf Club, Bowls Club, and Yacht Club.
Future onsite childcare facility, two open spaces with an active area, park, and playground.
Within proximity to quality schools & childcare, and restaurants.
Close distance to Geelong, Torquay, Great Ocean Road, and the Great Otway National Park.

Land for sale at Clearwater in Victoria

Clearwater land lots with pricing, block sizes and land orientation. Get current price list and available promotions.

Lot 545

Discover land in a naturally relaxing environment.

313m² land size

12.5m width

Lot 535

Create a home surrounded by peaceful scenery.

350m² land size

12.5m width

Lot 536

Spacious allotments for every stage of life.

350m² land size

12.5m width

Lot 537

A fresh address with endless possibilities ahead.

392m² land size

14m width

Lot 534

Enjoy suburban comfort with room to grow.

392m² land size

14m width

Lot 313

Well-positioned land for future homeowners.

630m² land size

11.39m width

Lot 314

Experience a neighborhood built for connection.

854m² land size

7.71m width

Our take by

iBuildNew loves Clearwater in Colac because…

Clearwater in Colac offers a spectacular lakefront living experience situated just five minutes from the city centre on the serene shores of Lake Colac. Developed by DM Property and built alongside civil experts Winslow Construction, this premium land estate features varied lot options starting from an affordable $240,000. Families will love the on-site childcare facility, active park spaces, and immediate access to more than ten regional primary and secondary schools.

Land estate information for Clearwater

Suburb:

Colac VIC 3250

Construction stage:

Under construction

Sales status:

Selling now

Number of Land Lots:

500

Developer:

DM PROPERTY & RPM GRP

Landmark intelligence by

“Positioned on the Princes Highway in Colac, offering direct V/Line rail connectivity, nearby secondary schooling, and established regional retail precincts.”

What's near Clearwater

Under 500m
Education
Colac Secondary College
Provides secondary education for Years 7 through 12 featuring specialised trade training facilities and extensive sporting grounds.
Under 1.5km
GP / Medical
Colac Area Health
Delivers comprehensive regional healthcare services, including an urgent care centre, acute hospital facilities, and integrated community health consulting rooms.
Under 2km
Transport
Colac Railway Station
Operates regular daily V/Line passenger rail services along the Warrnambool line connecting directly to Geelong and Melbourne Southern Cross.
Groceries
Colac Plaza
Features a full-line Coles supermarket, Liquorland, and a selection of essential retail and service outlets with on-site parking.
Under 2.5km
Gardens
Colac Botanic Gardens & Lake Colac Foreshore
Encompasses historic botanic gardens, recreational walking trails, open picnic areas, and direct lake foreshore access.

Colac, VIC 3250

Colac serves as the primary commercial and administrative hub of the Colac Otway Shire, supported by direct duplicated highway links to Geelong. The township maintains steady demand across family demographics driven by regional healthcare, manufacturing employment, and affordable low-density residential developments.

Infrastructure updates

Strategic urban expansion is guided by the Colac 2050 Growth Plan and Amendment C97, unlocking long-term residential supply through the Deans Creek Precinct Structure Plan.