24 Balnagowan Ave, Colac is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 816m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in Colac in the last 12 months.
Only a very small number of homes along Balnagowan Avenue enjoy true lake frontage like this, with uninterrupted views across Lake Colac and a position that is rarely offered to the market. Properties in this location are often held for decades, making opportunities like this genuinely scarce.
This three-bedroom home has been well cared for and presents with a sense of warmth and character that immediately feels established and comfortable. Large windows feature throughout the home, flooding each space with natural light and ensuring a constant connection to the lake and surrounding landscape. Beautiful leadlight details add a layer of craftsmanship and charm that is increasingly difficult to find.
The layout is generous and thoughtfully arranged, with two separate living areas providing flexibility for both everyday living and entertaining. A central kitchen connects seamlessly with the dining and main living spaces, while a sunroom and family room extend the home further, offering quiet places to relax, read, or simply sit and take in the outlook.
Accommodation is well proportioned, with three bedrooms positioned away from the main living zones. The main bedroom is supported by an ensuite, while the remaining bedrooms are serviced by a central bathroom and separate toilet, creating a practical and comfortable arrangement for families or downsizers alike.
Set on a substantial allotment with established surrounds, this is a home that can be enjoyed as it is, while also offering scope to introduce personal touches over time. More than anything, it is the lake frontage, the light, and the enduring appeal of this address that defines the opportunity.
EXPRESSIONS OF INTEREST CLOSE THURSDAY FEBRUARY 26 @ 2PM
DISCLAIMER: While utmost care has been taken to verify the accuracy of the information provided above, it should not be construed as a representation by the vendor or the agent/agency. All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
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 5,796 properties. Over the last 5 years, Houses in Colac have seen a 30.49% increase in median value, while Units have seen a 26.33% increase. As at 28 February 2026:
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