1150 Corangamite Lake Rd, Alvie is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1904. The property has a land size of 1029m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Situated at the foothills of the volcanic landscape, 1150 Corangamite Lake Road offers a four bedroom cottage on 1,028sqm with the Alvie Recreation Reserve and Red Rock winery on your doorstep. A rural setting with the convenience of two primary schools and the popular Coragulac kinder within a short drive.
A large floorplan offers three to four bedrooms, a separate living room with wood heating and a country style kitchen. Character features including the facade, timber flooring and high ceilings.
Bring the tools and a measuring tape because with a little love, this charming beauty has loads of potential to add value and is ready and waiting to be restored to its former glory.
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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