OFF MARKET

161 Montgomery Street
Lake Bolac VIC 3351

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 198m2
Land area: 9742m2
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Property Details for 161 Montgomery St, Lake Bolac

161 Montgomery St, Lake Bolac is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1869. The property has a land size of 9742m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1869
Floor Size
198m2
Land Size
9742m2
Local Government
Ararat
Lot/Plan
1/TP702482

Last Listing description (February 2021)

We have great pleasure in presenting this Historic Bluestone home offering endless opportunity situated on 2.5 acres (approx.).
Built in 1869 by Josiah Park, the local Blacksmith, this large 4 bedroom home with high ceilings throughout, boasts endless character and charm. Recently modernized and painted this home has been cared for over the generations. Features include large kitchen and bedrooms, a separate lounge, solid bluestone exterior keeping the house nice and cool in the summer and gas heating for the winter months. Services include mains water, power and sewerage connections.

This property also includes a bluestone coach house comprising 2 bedrooms, 1 bathroom, kitchen, living room and laundry. This unit is currently leased on a month by month basis at $150.00pw with the tenant willing to stay on. Additionally there is a working shearing shed in the rear paddock and the old Blacksmiths shop at the front of the property. The Blacksmiths shop has been recently restored. You are guaranteed to fall in love with this upon inspection.

Currently operating as Lake Bolac Josiahs Short Stay Accommodation, with the two separate dwellings there is a fantastic opportunity for both large families looking for a home with space for the kids or to rent/AIRbnb one of the dwellings to holiday makers, and Construction and farm workers who look for accommodation throughout the year, using the other as residence or weekender.

Lake Bolac is located just over an hour from Ballarat and half an hour to Ararat for all your shops, supermarkets, cafes and amenities. This is a fantastic spot and a popular tourist destination not far from the Grampians National Park. Perfect for anyone looking for a weekender as you can make use of the lake and facilities nearby as well as earning a return on one or both of the dwellings throughout the year. For further information or to arrange a private inspection contact Toby Tanis 0413 842 666.

Property History for 161 Montgomery St, Lake Bolac, VIC 3351

A timeline of how this property has performed in the market
Last Sold
$450,000
04 Feb 2021
  • 04 Feb 2021
    Sold for $450,000
  • 17 Nov 2020
    Listed for Sale $420,000 - $440,000
  • 04 Dec 2015
    Listed for Sale $425,000
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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 141.91% increase in median value, while Units have seen a 104.38% increase. As at 30 September 2024:

  • The median value for Houses in Lake Bolac is $366,239 while the median value for Units is $300,132.
There are currently 2 properties listed for sale, and no properties listed for rent in Lake bolac on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Lake bolac.

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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.