12 Balnagowan Avenue, Colac, VIC 3250 | Property Value & History | OnTheHouse
OFF MARKET

12 Balnagowan Avenue
Colac VIC 3250

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 1296m2
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Last updated 12 Jan 2026
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Property Details for 12 Balnagowan Ave, Colac

12 Balnagowan Ave, Colac is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1296m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
House
Land Size
1296m2
Local Government
Colac Otway
Lot/Plan
4/LP42253

Last Listing description (February 2019)

Get excited and start planning to secure this exceptional lakeside home at one of Colac's most prestigious addresses.
A very small number of homes have lake frontage like this superb Balnagowan property with its spectacular views and its unlocked potential.
This 50s classic has been lovingly cared for and sits virtually in original condition.

It's architectural design is timeless, like a handful of high-quality Colac homes from that era, and while you might want to add a few personal touches or updates, there are so many original features to simply love and appreciate.
The white galley kitchen retains a gorgeous servery bench and beautiful glass overhead cupboard, framing just one angle of the captivating vista across Lake Colac.
The open-plan kitchen, dining and living space, with its floor-to-ceiling windows and glass doors, provides a contemporary feel, while the built-in timber cabinetry throughout the home takes you back to its beginnings.
A separate powder room for guests near the front entry provides a second toilet beside the separate shower room, while the bathroom with its original tiles and tapware features a bath and access to a private courtyard.
An impressively large walk-in robe adjoins the master bedroom, which just like the second bedroom, boasts views across the lake and access to the wide east-facing veranda.
Established gardens surround the home, with the exception of the picture-perfect lawn area created to ensure uninterrupted views across the lake and beyond.
There's a private courtyard linking the house with double garage and adjacent shed for gardening equipment or extra storage, but an inspection will be the only way to truly see what this property offers.
This rare opportunity will make you seriously consider a change of scenery, even if you hadn't previously thought about moving.

EXPRESSIONS OF INTEREST CLOSE MONDAY 23RD JULY @ 3PM

Property History for 12 Balnagowan Ave, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$705,000
06 Aug 2018
  • 06 Aug 2018
    Sold for $705,000
  • 27 Jun 2018
    Listed for Sale EOI closing Mon 23rd July at 3pm
  • 20 Apr 2009
    Transferred
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About Colac 3250

The size of Colac is approximately 37.5 square kilometres. It has 20 parks covering nearly 2.3% of total area. The population of Colac in 2016 was 9048 people. By 2021 the population was 9243 showing a population growth of 2.2% in the area during that time. The predominant age group in Colac is 20-29 years. Households in Colac are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Colac work in a labourer occupation.In 2021, 65.80% of the homes in Colac were owner-occupied compared with 66.60% in 2016.

Colac has 5,760 properties. Over the last 5 years, Houses in Colac have seen a 33.26% increase in median value, while Units have seen a 15.82% increase. As at 31 December 2025:

  • The median value for Houses in Colac is $479,931 while the median value for Units is $344,256.
  • Houses have a median rent of $475 while Units have a median rent of $390.
There are currently 8 properties listed for sale, and 1 property listed for rent in Colac on OnTheHouse. According to Cotality's data, 260 properties were sold in the past 12 months in Colac.

Suburb Insights for Colac 3250

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.