56 Balnagowan Ave, Colac is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 644m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom House sold in Colac in the last 12 months.
Set in one of Colac's most sought-after pockets, 56 Balnagowan Avenue presents an exceptional opportunity to secure a home just a stone's throw from Lake Colac. Quiet, established and tightly held, this location is one that rarely becomes available.
The home rests on a 644sqm allotment and has been thoughtfully designed for comfortable family living. At its heart, the open kitchen and dining area offer ample bench space, a dishwasher, and a practical layout that flows seamlessly to the main living room. A wood fire and split system ensure year-round comfort, while large windows fill the space with natural light.
To the rear, a study overlooks the secure backyard a bright and versatile space ideal for working from home, reading, or simply unwinding with a view of the garden. The main bedroom includes a walk-in robe and ensuite with spa, while two additional bedrooms each feature built-in robes and share a central bathroom with separate toilet.
A double garage with internal access and an adjoining workshop provide excellent space for vehicles, hobbies or storage. Additional features include a full laundry, established gardens, and a peaceful setting surrounded by quality homes.
Located just moments from the lake foreshore, Botanic Gardens and schools, this is a rare opportunity to secure a home in one of Colac's most desirable locations.
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. There are 20 parks, covering nearly 2.3% of the 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 60-69 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 5,783 properties. Over the last 5 years, Houses in Colac have seen a 27.57% increase in median value, while Units have seen a 9.35% increase. As at 31 May 2026:
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