The Nook Colac: sod turning as Stage 2 opens from $194,000*

The Nook Colac land release: shovels in the ground as Stage 2 opens from $194,000*

Branded hard hats, custom shovels, excavators on stand by, and a Stage 1 ‘Sold Out’ hoarding as the backdrop, on 9 June 2026, the team behind The Nook, Colac gathered onsite to turn the first sod and mark construction underway. Stage 2 allotments now available from $194,000* to $229,000*.

The event brought the JSAC Developments and Oliver Hume teams onsite, with Richard Riordan, State member for Polwarth, attending to mark the occasion. With excavators already moving earth and Stage 1 sold out, the ceremony signalled The Nook is well and truly open for business.

“Young families and regional communities need greater access to affordable, high-quality housing, and developments like The Nook are an important investment in the future of Colac.

“We’re seeing more people wanting to call this region home, and it’s great to see construction begin on this stage that will help underpin local growth and provide more housing opportunities.” - Richard Riordan, State Member for Polwarth

JSAC Developments Director James Sutton took the moment to speak to what the project is really about - and the community it is being built for.

 “The Nook has been shaped to provide residents more than just a place to live. We set out to create a connected neighbourhood where the lifestyle, convenience, and sense of community would appeal to families, first homebuyers, investors, and down sizers. The Nook offers an affordable option without compromising on quality or connection.”- James Sutton, Director, JSAC Developments

About The Nook: 124 lots in a connected regional centre

The Nook is a residential development located in Colac Otway Shire, approximately 150 kilometres south-west of Melbourne and one hour from Geelong. Developed by JSAC Developments and marketed by Oliver Hume, the project comprises 124 land lots, including a mix of modern townhouses and house and land packages.

Stage 2 allotments are currently priced as follows:

• From: $194,000*
• To: $229,000*
• Product types: Land lots, townhouses, house and land packages

Shops, schools, healthcare, sports clubs, and dining a real within three kilometres of the estate. Colac sits on the shores of Lake Colac and serves as a gateway to the Otway Ranges and the Great Ocean Road.

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The Nook Colac land release attracts buyers on affordability and location

Sev de Borzatti, General Manager, said Stage 2 has already generated strong buyer interest since launching.

“The Nook presents a compelling opportunity for buyers looking to secure land within a well-connected and established regional centre. With important amenities from schools and shops to healthcare and recreation located nearby, The Nook delivers genuine convenience as part of everyday living. With its accessible price points, it is well positioned to meet the needs of a wide range of buyers.” - Sev de Borzatti, General Manager, Oliver Hume Property Group

 What this means for you

For land buyers and first home buyers

Stage 2 allotments at The Nook are priced from $194,000*, with construction now underway. If you are looking for an accessible entry point into the property market in a regional centre with established amenities, this release represents live availability. ‍

For property investors

There lease explicitly positions The Nook as suited to investors seeking value in a growing regional market, with Colac’s proximity to Geelong, the Great Ocean Road, and the Otway Ranges providing locational context. Pricing from $194,000* represents an accessible entry point. Explore Location.‍

For developer and builder clients

The Nook demonstrates Oliver Hume’s capacity to run effective sales campaigns in regional Victoria, where buyer profiling, pricing strategy, and marketing are critical to achieving strong early-stage interest. Developers considering a regional project can speak with the Oliver Hume project marketing team to understand how early advisory support - available up to 12–18 months before a project goes to market- shapes commercial outcomes.

_{*Price correct at time of publication.}