FOR SALE
Price Range $950,000 - $1,045,000

91 Montgomery Street
Lake Bolac VIC 3351

Bedrooms: 5
Bathrooms: 3
Car spaces: 20
Land area: 6ac
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Discover Your Perfect Home in Lake Bolac!

Situated in the heart of the thriving Lake Bolac community, this expansive brick home, built in 1991 and owned by a single family, presents the perfect blend of country living and modern convenience. Just a 2-minute drive from the peaceful lake foreshore, the property spans 5.9 acres of beautifully maintained parkland gardens across two titles, offering dual road frontage. It's an ideal opportunity for growing families, downsizing farmers, or tradespeople looking to operate a home-based business.
The second title, with frontage on Murray Road, provides additional possibilities, including running livestock, horse-keeping, selling, or even future development-allowing you the freedom to create your ideal rural lifestyle. There is an option to buy the house on 3.2 acres for approximately $800,000, the vacant 2.7 acres fronting Murray Rd for approximately $200,000-$250,000.
Constructed with a durable steel frame and boasting 9-foot ceilings, this well-maintained home exudes both quality and charm.
Inside, the open-plan kitchen, living, and dining area has been recently updated with stone benchtops, stylish pendant lighting, a gas cooktop, pantry, and dishwasher. The living area also features a wood heater, large reverse-cycle split system, and a built-in bar-ideal for entertaining. Step outside to a massive entertaining area complete with a heated spa and serene garden views.
The home also includes a formal lounge with an open fireplace and a practical floor plan, featuring five spacious bedrooms, all with built-in robes. The master suite offers a walk-in robe and ensuite, while the family bathroom, separate powder room, and large laundry with extensive storage enhance the home's functionality.
Storage is abundant, with a large walk-in storage room and direct access to the home through a remote-controlled four-car garage. For those looking for additional space, the property includes two substantial sheds-one 18.5 x 12m with 2-phase power, roller doors, and a mechanics pit, and the other 12.5 x 12m, also powered and equipped with roller doors-perfect for tradies wanting to run a business from home.
Eco-friendly features include a 6.2kW solar system, two large water tanks, and access to town water. The established, low-maintenance grounds offer a private, tree-lined entrance, chicken coop, vegetable patch, orchard, and two well-fenced paddocks, completing this picturesque rural retreat.
Lake Bolac's thriving community provides plenty of local amenities, such as football and netball clubs, bowls and golf club, swimming pool, a school (Prep to Year 12), Bush Nursing Centre, post office, supermarket with fuel, and more. The area is also a haven for outdoor enthusiasts, offering fantastic opportunities for fishing, water skiing, and camping, with two boat ramps available.
This versatile property truly caters to the needs of families, downsizing farmers, and tradespeople alike. Don't miss your chance to make this incredible rural haven your new home-contact us today!
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Property Details for 91 Montgomery St, Lake Bolac

91 Montgomery St, Lake Bolac is a 5 bedroom, 3 bathroom House with 20 parking spaces. The property has a land size of 6ac. The place is currently for sale with Ray White Ararat.

Building Type
House
Land Size
6ac

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About Lake Bolac 3351

The size of Lake Bolac is approximately 265.3 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Lake Bolac in 2011 was 478 people. By 2016 the population was 335 showing a population decline of 29.9% in the area during that time. The predominant age group in Lake Bolac is 50-59 years. Households in Lake Bolac are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Lake Bolac work in a managers occupation. In 2011, 75% of the homes in Lake Bolac were owner-occupied compared with 74.7% in 2016.

Lake Bolac has 285 properties. Over the last 5 years, Houses in Lake Bolac have seen a 146.04% increase in median value, while Units have seen a 104.38% increase. As at 31 October 2024:

  • The median value for Houses in Lake Bolac is $318,220 while the median value for Units is $332,706.
There are currently 5 properties listed for sale, and no properties listed for rent in Lake bolac on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Lake bolac.

Suburb Insights for Lake Bolac 3351

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Adam Walker
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Ray White Ararat
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.