205 Montgomery StreetLake Bolac VIC 3351
Property Details for 205 Montgomery St, Lake Bolac
205 Montgomery St, Lake Bolac is a 2 bedroom, 1 bathroom House. The property has a land size of 4106m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Last Listing description (April 2025)
Unlock the potential of this unique opportunity with the former circa-1914 'Teacher House,' adjacent to the original Lake Bolac school. This 3 bedroom period home, full of character and street appeal, awaits an enthusiastic renovator ready to restore it to its former glory after fire damage. With the right touch, this rough diamond can truly shine again and reclaim its place as a centerpiece of local heritage.
Alternatively, clear the slate and build your dream home on this expansive 4000 sq.m (1-acre) township-zoned block. Located in the centre of town and just a short walk from the Lake Bolac hub, the property offers ample space and comes equipped with power and water access, setting the foundation for an inspired new build in a picturesque location. Please note: no functioning bathroom is currently in place. Whether you choose to renovate or start anew, this property offers an exciting opportunity in a prime setting.
A daily bus service is also available to Ballarat & Hamilton and near the Grampians. With Warrnambool & the Grampians both within 1 hours drive.
Property History for 205 Montgomery St, Lake Bolac, VIC 3351
- 13 Mar 2025Sold for $125,000
- 31 Oct 2024Listed for Sale Price Range $145,000 - $155,000
Recent sales nearby
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About Lake Bolac 3351
The size of Lake Bolac is approximately 265.3 square kilometres. There is 1 park, covering nearly 0.1% of the 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 10.97% increase in median value, while Units have seen a -17.73% decrease. As at 31 August 2026:
- The median value for Houses in Lake Bolac is $282,999 while the median value for Units is $362,947.
Suburb Insights for Lake Bolac 3351
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