SOLD
Sold on 11 Dec 2023 for $575,000

54 Balnagowan Avenue
Colac VIC 3250

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 131m2
Land area: 800m2
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Charles Stewart & Co Pty Ltd
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Property Details for 54 Balnagowan Ave, Colac

54 Balnagowan Ave, Colac is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 800m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Colac in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
131m2
Land Size
800m2
Local Government
Colac Otway
Lot/Plan
1/TP206783

Last Listing description (June 2024)

Discover 54 Balnagowan Avenue, perfectly nestled at the end of a tranquil cul-de-sac in one of Colac's most coveted areas. This charming three-bedroom residence sits on an expansive 800sqm parcel, an ideal haven for a growing family.

Step inside to a seamlessly integrated meals area and kitchen, boasting modern amenities including a gas cooktop, electric oven, and dual drawer dishwasher. Double glass doors lead to an inviting undercover timber deck, a delightful space for unwinding with a morning cuppa.

Experience comfort in the spacious lounge adorned with a split system for heating and cooling, complemented by a cosy wood fire and bathed in abundant natural light.

Each of the three bedrooms offers ample space and features ceiling fans for added comfort. The primary bedroom presents built-in robes and a generously sized ensuite. The recently updated main bathroom showcases a separate shower, bath, and vanity with convenient storage options.

The backyard, enveloped by established gardens, includes a private outdoor studio space, an ideal spot for an office or creative haven. Tank water caters to the ensuite and garden.
Rarely does a property in this sought-after locale become available-a golden opportunity to secure your forever home by the lake. Don't let this chance slip away.

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Property History for 54 Balnagowan Ave, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$575,000
11 Dec 2023
Listed for Rent
06 May 2019
  • 11 Dec 2023
    Sold for $575,000
  • 21 Nov 2023
    Listed for Sale Not Disclosed
  • 03 Mar 2021
    Sold for $430,000
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About Colac 3250

The size of Colac is approximately 37.5 square kilometres. It has 20 parks covering nearly 2.3% of total area. The population of Colac in 2011 was 8,696 people. By 2016 the population was 9,066 showing a population growth of 4.3% in the area during that time. The predominant age group in Colac is 20-29 years. Households in Colac are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Colac work in a labourer occupation. In 2011, 67.4% of the homes in Colac were owner-occupied compared with 66.6% in 2016.

Colac has 5,500 properties. Over the last 5 years, Houses in Colac have seen a 45.19% increase in median value, while Units have seen a 25.38% increase. As at 31 August 2024:

  • The median value for Houses in Colac is $440,188 while the median value for Units is $350,584.
  • Houses have a median rent of $430 while Units have a median rent of $365.
There are currently 19 properties listed for sale, and 6 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in Colac.

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