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

14 Balnagowan Avenue
Colac VIC 3250

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 151m2
Land area: 951m2
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Last updated 12 Jan 2026
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Property Details for 14 Balnagowan Ave, Colac

14 Balnagowan Ave, Colac is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 951m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Floor Size
151m2
Land Size
951m2
Local Government
Colac Otway
Lot/Plan
5/LP42253

Last Listing description (June 2021)

One of Colac's prime family homes is offered for sale for the first time in 33 years.
Situated on exclusive Ross's Point with absolute lake frontage, the waterfront home has sweeping, uninterrupted views over Lake Colac.

The house is ideal as a family home or as a perfect entre to Colac's relaxed country living for those seeking a lake change.
Designed for effortless living and entertaining, with open plan formal and informal living and dining areas that flow onto an expansive deck.
This architecturally designed house with floor-to-ceiling glass allows the impressive view to take centre stage from all the living areas in the house.
Capturing an abundance of natural light, this functionally-designed home embraces a sense of serenity and provides an ideal floorplan for comfortable living.
Comprising of neutral tones throughout the home with Blackwood feature walls in the living areas, ducted heating and an office with built-in shelving. Three generous bedrooms, master with direct access to the front deck, large walk-in-robe and a tiled, contemporary bathroom with walk-in shower.
Quality appliances such as Smeg, Asko and Corian benchtops feature in the kitchen that overlooks the front courtyard and also connects with the family room.
This exclusive property is one of only a handful that offer absolute lake frontage and one of a few with sought-after easterly views. The Lake Colac walking track flanks the lakeside edge of the house while the Bowls Club, Sailing Club are in short walking distance.
The completion of the duplicated highway has made the commute to and from Melbourne more accessible along with the regular train service available. Lorne and the Great Ocean Road and many attractions in the area are also within easy reach.
An inspection is highly recommended to appreciate all this property has to offer.

Property History for 14 Balnagowan Ave, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$980,000
11 Jan 2021
  • 11 Jan 2021
    Sold for $980,000
  • 31 Jan 2020
    Listed for Sale CONTACT AGENT
  • 03 Dec 2004
    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.