Montgomery Street

Lake Bolac VIC 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.