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

56 Balnagowan Avenue
Colac VIC 3250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 151m2
Land area: 644m2
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Last updated 19 Jan 2026
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Property Details for 56 Balnagowan Ave, Colac

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 November 2011.

Building Type
House
Floor Size
151m2
Land Size
644m2
Local Government
Colac Otway
Lot/Plan
20/LP96997

Last Listing description (December 2025)

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.

Property History for 56 Balnagowan Ave, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$320,000
07 Nov 2011
  • 27 Oct 2025
    Listed for Sale $650,000 - $680,000
  • 31 May 2012
    Listed for Sale 350000
  • 07 Nov 2011
    Sold for $320,000
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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 5,758 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 6 properties listed for sale, and 1 property listed for rent in Colac on OnTheHouse. According to Cotality's data, 262 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.