40 May Street

Colac, VIC 3250, Australia

$199,000

300m²

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Area Price Guide

$187,060 – $210,940

Indicative price guide range

🏘️

Comparable

📊

$599,935

Area median

⚖️

-67%

vs median

📐

$663

Per m²

📏

300 m²

Land

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Today

Listed

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Bushfire risk

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Heritage

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About this property

Not all park-side positions are created equal Lot 40 May Street places you just steps from the community park, offering a lifestyle-rich setting without the premium price tag of a direct frontage block. At 300m² with a 10.5m frontage, this well-proportioned allotment is easy to build on and suits a wide range of home designs. Priced at $199,000*, it represents one of the most affordable entry points into Stage 2A of The Nook making it a standout choice for first home buyers taking that first big step, or investors seeking strong rental appeal in a growing regional market. The Nook is a thoughtfully planned community just 3km from everything Colac has to offer schools, supermarkets, cafés, and medical facilities while Lake Colac, the Otway Ranges, and the Great Ocean Road are all within easy weekend reach. Affordable, lifestyle-rich, and ready to build this one won't last. Email: thenook@oliverhume.com.au *Price subject to change and availability.