1045 Corangamite Lake Rd, Alvie is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 44560m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
With commanding views to Lake Colac and the Otway Ranges and overlooking one of the many crater lakes that punctuate the landscape of this region of western Victoria youll find this most charming of homes.
Well positioned in an established garden setting with tree lined drive on a rural allotment of 4.5 ha, (approx. 11 acres) this well-built, three bedroom brick veneer family home takes full advantage of its elevated site and panoramic views on offer.
All rooms offer lush garden vistas and none more so than the lounge with bay window and wood heater and adjoining formal dining room with its feature stained-glass window. There are three good size bedrooms, all light-filled and offering garden views through floor length, double hung cedar windows; the main with ensuite and walk-in robe, while another has built-in robes.
At its core is the well-equipped kitchen with black slate floor and timber bench tops and adjoining family meals area which opens to an undercover alfresco area overlooking the back garden and crater lake. A central family bathroom, separate WC and laundry with external access complete the home offering.
The owners love of gardening is evident with meandering brick-paved terraces, hedging and well-established shade trees. Theres a small orchard and with time to explore, you can walk to the base of the crater lake which has lain dormant for the past 8,000 years.
The property is zoned Farming Zone (FZ) and perfectly suited to a small grazing operation with highly productive soils, good fencing, established shelter belts and mains water, which is reticulated throughout the garden and to all stock troughs. Theres a double garage and sundry shedding which could accommodate a pony or two, plus cattle yards with loading race.
Just 12 minutes to Colac's town centre, 60 minutes to Geelong and Lornes spectacular surf coast and 115 minutes to Melbourne. Inspection will impress!
The size of Alvie is approximately 27.5 square kilometres. The population of Alvie in 2011 was 278 people. By 2016 the population was 132 showing a population decline of 52.5% in the area during that time. The predominant age group in Alvie is 50-59 years. Households in Alvie are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Alvie work in a managers occupation. In 2011, 85.5% of the homes in Alvie were owner-occupied compared with 67.9% in 2016..
Alvie has 91 properties. Over the last 5 years, Houses in Alvie have seen a 48.28% increase in median value, while Units have seen a -4.74% decrease. As at 31 October 2024:
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