OFF MARKET

4396 Mortlake-Ararat Road
Lake Bolac VIC 3351

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 140m2
Land area: 18253m2
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Last updated 16 Dec 2024
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Property Details for 4396 Mortlake-Ararat Rd, Lake Bolac

4396 Mortlake-Ararat Rd, Lake Bolac is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1985. The property has a land size of 18253m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1985
Floor Size
140m2
Land Size
18253m2
Local Government
Ararat
Lot/Plan
1/TP379309

Last Listing description (December 2020)

Lake Bolac Equestrian Lodge' appx 4.5-acre boutique training/ breeding property nestled in the central/ Western region of Victoria with Ballarat, Warrnambool & Grampians all within 1 hour's drive. The property is ready for horse enthusiasts to move straight in, with town & tank water available to the house, paddocks and loads & loads of infrastructure. The brick veneer home has a modern facelift inside with the kitchen, ensuite & bathroom all updated. Ideally suited to families, with 3 good size bedrooms all with robes, spacious lounge room which has wood heating & split-system and updated floor coverings, colors & tones through-out. There is a large entertaining area, 22 panel solar system, 26,000 lts of tank water & a large double garage.
Extensive horse improvements include as follows:
9 paddocks (5 with shelters) with water connected, 8 stables + 1 foaling down room, sand arena, round yard, 5 day yards, 2 large/ covered day holding yards, wash bay, feed room, tack room, hay shed, high clearance hay shed/ carport.

All this very close to popular Lake for water recreation, K12 Kinder, Primary & Secondary schools, 2 Day Care Centres (Public & Private), Bush Nursing Centre (24hr) and the local Sporting Complex & Golf Club amenities for sport, golf, bowls, football, netball, tennis & swimming pool. with a Daily bus service to Ballarat & Hamilton.

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Property History for 4396 Mortlake-Ararat Rd, Lake Bolac, VIC 3351

A timeline of how this property has performed in the market
Last Sold
$375,000
26 Nov 2020
  • 26 Nov 2020
    Sold for $375,000
  • 26 Nov 2019
    Listed for Sale Range $370,000 - $390,000
  • 11 Jul 2017
    Sold for $290,000

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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 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.

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