OFF MARKET

131 Montgomery Street
Lake Bolac VIC 3351

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 990m2
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Property Details for 131 Montgomery St, Lake Bolac

131 Montgomery St, Lake Bolac is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 990m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
1970
Floor Size
107m2
Land Size
990m2
Local Government
Ararat
Lot/Plan
2/LP79209

Last Listing description (July 2020)

Built in 1970's and located nearby the popular Lake Bolac foreshore area, sits this solid brick veneer 3-bedroom home that will be sure to suit many. Offering a spacious lounge room that is complimented by a wood heater and Split system. The separate kitchen comes with electric cooking, ample cupboard space and leads to the laundry and back door. There are 3 good sized bedrooms, 2 with BIR's and a family bathroom that offers shower over bath and separate vanity.
The home includes large windows allowing plenty of natural light, sun-blinds, electric HWS and is currently tenanted at $200 P/W providing a healthy yield for the astute investor.
Situated on a large 1014m2 block approx.. right across the road from the local state school with the outside offering plenty of scope for renovation or extension, the backyard is fabulous for entertaining with plenty of room for the kids to play. There is also a large workshop shed, wood shed and carport off the house.

Property History for 131 Montgomery St, Lake Bolac, VIC 3351

A timeline of how this property has performed in the market
Last Sold
$137,500
27 May 2020
  • 27 May 2020
    Sold for $137,500
  • 26 Feb 2020
    Listed for Sale $140,000
  • 26 Sep 2019
    Sold for $122,500
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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 287 properties. Over the last 5 years, Houses in Lake Bolac have seen a 115.19% increase in median value, while Units have seen a -4.22% decrease. As at 30 November 2024:

  • The median value for Houses in Lake Bolac is $277,847 while the median value for Units is $332,706.
There are currently 6 properties listed for sale, and 1 property listed for rent in Lake bolac on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Lake bolac.

Suburb Insights for Lake Bolac 3351

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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.