If the idea of bringing a character home back to life appeals then Basin Banks at Nalangil, a property in need of some love, provides that challenge, and its less than a 15-minute drive to Colac. A long driveway leads to this solid, large family home, which has all the hallmarks of a character home; it’s just in need of a little attention. The home is set on 14 acres (5.66Ha) at Nalangil on the edge of the Basin Banks Crater Lake. At the front of the home, there are four sizable bedrooms with high ceilings, one with built-in-robes, a timber-lined entrance, formal lounge with open fire and a sunroom. Throughout this area there are many original character features you’d expect in a 120-year-old home including, solid timber floors, timber fretwork, ornate cornices and ceilings.There is a large family/kitchen/living area at the back of home, with a walk in pantry and a separate, bathroom, laundry, shower and toilet.Excellent bore water supply via pressure pump to header tank and disused dairy on the property.PRIOR OFFERS CONSIDERED.
The size of Nalangil is approximately 17.8 square kilometres. The population of Nalangil in 2016 was 76 people. By 2021 the population was 72 showing a population decline of 5.3% in the area during that time. The predominant age group in Nalangil is 10-19 years. Households in Nalangil are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nalangil work in a managers occupation.In 2021, 65.00% of the homes in Nalangil were owner-occupied compared with 80.00% in 2016.
Nalangil has 48 properties. As at 30 April 2026:
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