OFF MARKET

2144 Glenelg Highway
Lake Bolac VIC 3351

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7275m2
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Property Details for 2144 Glenelg Hwy, Lake Bolac

Building Type
Land
Land Size
7275m2
Local Government
Ararat
Lot/Plan
2/LP72121

Last Listing description (August 2023)

Escape to the country to picturesque Lake Bolac, and build your dream home on this huge, nearly 2-acre block (approximately 7275 sq.m) which has sealed service road frontage.
The large block is zoned 'Township' and has an approx. 20m frontage, a few fruit trees, storage, power, water and sewer is available, with rolling views to fields and farmland towards the North.
Located only a few minutes' walk to the town centre and Lake closeby. A daily bus service is also available to Ballarat & Hamilton and near the Grampians.

Local amenities and attractions include the popular Lake for water recreation, P-12 School, Kinder, day care centres, Bush Nursing Centre & the Sporting Complex with golf, bowls, football, netball, tennis & swimming pool.
With Warrnambool & the Grampians both within 1 hours drive, now is the time to secure this block to build your dream home & enjoy the rural lifestyle that's on offer.

Property History for 2144 Glenelg Hwy, Lake Bolac, VIC 3351

A timeline of how this property has performed in the market
Last Sold
$110,000
12 Jul 2023
  • 12 Jul 2023
    Sold for $110,000
  • 29 Apr 2022
    Listed for Sale SOLD - $110,000
  • 15 Dec 2020
    Sold for $15,000
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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 284 properties. Over the last 5 years, Houses in Lake Bolac have seen a 132.45% increase in median value, while Units have seen a 104.38% increase. As at 31 August 2024:

  • The median value for Houses in Lake Bolac is $274,245 while the median value for Units is $248,111.
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.

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.