1050 Terang-Mortlake Road, Kolora, VIC 3265 | Property Value & History | OnTheHouse
OFF MARKET

1050 Terang-Mortlake Road
Kolora VIC 3265

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 20234m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 May 2026
Low

High
Save

Property Details for 1050 Terang-Mortlake Rd, Kolora

1050 Terang-Mortlake Rd, Kolora is a 4 bedroom, 1 bathroom House. The property has a land size of 20234m2. While the property is not currently for sale or for rent, it was last sold in January 2001.

Building Type
House
Land Size
20234m2
Local Government
Corangamite
Lot/Plan
2/PS444636

Last Listing description (May 2026)

Myrtle Grove, an exceptional c.1876 bluestone homestead and one of the Western District's noted rural residences. Set on approximately five acres of parkland gardens under a heritage overlay, this historic four bedroom property combines architectural pedigree, pastoral history, and an idyllic country lifestyle.
Originally built for Western District pastoralist William Mathews, the homestead stands as a distinguished example of Victorian residential architecture, designed by noted architects Martin and Heard. The property has been well maintained, including a full electrical rewire and a re slating of the roof, ensuring its long-term preservation.

Key Features of Myrtyle Grove include;

- Historic four-bedroom bluestone homestead (c.1876) in excellent condition, sympathetically maintained and updated. A fine example of Victorian architecture the home is constructed of bluestone with hipped slate clad roof. It features a veranda on three sides, featuring cast iron decorative friezes between cast iron columns.
- Approximately five acres of established parkland gardens protected by a heritage overlay.
- Spacious interior, including a large renovated kitchen, cosy sitting room, lounge, feature entrance hall, Cellar, store rooms, four bedrooms and a family bathroom.
- Original bluestone stables (c.1877) comprising a wagon/buggy room, blacksmith's room, stables and an upper loft.
- Prime Western District location, conveniently positioned within easy reach of Terang 12km, Mortlake 12km, Geelong 145km and Warrnambool 52km. Noorat the closest village - 5km and childhood home of author Alan Marshall is popular for its cafe, historic hotel, walking the Mount Noorat crater, annual country show and its volcanic landscape and historic stone walls. Schooling for both secondary and primary and regional service centres are located at both Mortlake and Terang.
- A rare opportunity to secure a landmark country residence with deep historical roots and timeless architectural appeal.
A Landmark of the Western District Myrtle Grove offers the grace and character of a 19th century pastoral estate with the comfort and practicality expected of a modern rural home. Its bluestone construction, mature gardens and intact outbuildings create a uniquely authentic country setting in well-preserved condition.
A delightful historic country house and an enviable rural lifestyle await its next custodian

Property History for 1050 Terang-Mortlake Rd, Kolora, VIC 3265

A timeline of how this property has performed in the market
Last Sold
$50,000
04 Jan 2001
  • 06 Mar 2026
    Listed for Sale Not Disclosed
  • 04 Jan 2001
    Sold for $50,000
Commute Calculator

About Kolora 3265

The size of Kolora is approximately 95.2 square kilometres. The population of Kolora in 2016 was 142 people. By 2021 the population was 188 showing a population growth of 32.4% in the area during that time. The predominant age group in Kolora is 50-59 years. Households in Kolora are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Kolora work in a managers occupation.In 2021, 65.60% of the homes in Kolora were owner-occupied compared with 75.00% in 2016.

Kolora has 84 properties. Over the last 5 years, Houses in Kolora have seen a 34.85% increase in median value, while Units have seen a -3.42% decrease. As at 30 April 2026:

  • The median value for Houses in Kolora is $683,205 while the median value for Units is $250,020.
There are currently no properties listed for sale, and no properties listed for rent in Kolora on OnTheHouse. According to Cotality's data, 1 property were sold in the past 12 months in Kolora.

Suburb Insights for Kolora 3265

Market Insights
Kolora Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Kolora Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.