131 Montgomery St, Lake Bolac is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 990m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Built in 1970's and located nearby the popular Lake Bolac foreshore area, sits this solid brick veneer 3-bedroom home that will be sure to suit many. Offering a spacious lounge room that is complimented by a wood heater and Split system. The separate kitchen comes with electric cooking, ample cupboard space and leads to the laundry and back door. There are 3 good sized bedrooms, 2 with BIR's and a family bathroom that offers shower over bath and separate vanity.
The home includes large windows allowing plenty of natural light, sun-blinds, electric HWS and is currently tenanted at $200 P/W providing a healthy yield for the astute investor.
Situated on a large 1014m2 block approx.. right across the road from the local state school with the outside offering plenty of scope for renovation or extension, the backyard is fabulous for entertaining with plenty of room for the kids to play. There is also a large workshop shed, wood shed and carport off the house.
The size of Lake Bolac is approximately 265.3 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Lake Bolac in 2016 was 330 people. By 2021 the population was 368 showing a population growth of 11.5% in the area during that time. The predominant age group in Lake Bolac is 50-59 years. Households in Lake Bolac are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Bolac work in a managers occupation.In 2021, 76.20% of the homes in Lake Bolac were owner-occupied compared with 74.70% in 2016.
Lake Bolac has 296 properties. Over the last 5 years, Houses in Lake Bolac have seen a 61.65% increase in median value, while Units have seen a -7.88% decrease. As at 30 November 2025:
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