250 Irrewillipe Road, Elliminyt, VIC 3250 | Rural for sale | OnTheHouse
 
FOR SALE
$920,000 - $990,000

250 Irrewillipe Road
Elliminyt VIC 3250

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Land area: 7ha
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Rare Acreage on the Fringe of Town

A truly rare opportunity, 250 Irrewillipe Road offers 17 acres (approx) of prime land on the fringe of Colac. Spanning six separate titles, this exceptional property provides outstanding flexibility and remarkable future potential - ideal for investors, developers or lifestyle buyers alike.
Can be sold in 2 lots - Contact Agent for pricing:
- 8 Acres fronting Deans Creak Road with a prime house site
- 9 Acres Fronting Irrewillipe Road with a cottage on-site which could be renovated
Currently zoned Farming, the property sits within the Colac Otway Shire's 2025 Development Plan, earmarked to be rezoned to Rural Living. This opens the door for subdivision into individual 3 and 2 acre lots (STCA), providing an exceptional opportunity to create your own rural living community or simply secure a landholding that is destined for future growth.
In the meantime, this acreage offers a wonderful lifestyle opportunity - use it now as your own private farmlet or country escape just minutes from town. The original cottage on site offers renovation potential for those wanting to restore some charm or alternatively, it provides the perfect spot to build your dream family home (STCA) and enjoy the space, views and serenity that Elliminyt is renowned for.
With power, water connected and dual frontages, the wheels are already in motion. Colac's schools, shops and amenities are just minutes away with properties of this size and location almost impossible to find.
Whether you're looking to land bank, develop or enjoy a rural lifestyle close to town, this property delivers on all fronts.
Opportunities like this are becoming increasingly scarce - secure this 17-acre gem today and invest in your future.
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Property Details for 250 Irrewillipe Rd, Elliminyt

Building Type
Rural
Land Size
7ha
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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 2016 was 2900 people. By 2021 the population was 3260 showing a population growth of 12.4% 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 professional occupation.In 2021, 88.70% of the homes in Elliminyt were owner-occupied compared with 84.90% in 2016.

Elliminyt has 1,755 properties. Over the last 5 years, Houses in Elliminyt have seen a 34.19% increase in median value, while Units have seen a 23.40% increase. As at 30 November 2025:

  • The median value for Houses in Elliminyt is $658,789 while the median value for Units is $347,918.
  • Houses have a median rent of $500 while Units have a median rent of $200.
There are currently 9 properties listed for sale, and no properties listed for rent in Elliminyt on OnTheHouse. According to Cotality's data, 81 properties were sold in the past 12 months in Elliminyt.

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Toby Kent
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Rhyley Edge
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Ray White Colac
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