Back 24 Balnagowan Avenue
Off Market

24 Balnagowan Avenue

Colac VIC 3250

3
2
2
816 m²
House
Stephen LuggStephen Lugg, last sold this property on 05 March 2026 after 30 days on market.

Overview

EXTRAORDINARY LAKESIDE PROPERTY

Only a very small number of homes along Balnagowan Avenue enjoy true lake frontage like this, with uninterrupted views across Lake Colac and a position that is rarely offered to the market. Properties in this location are often held for decades, making opportunities like this genuinely scarce. This three-bedroom home has been well cared for and presents with a sense of warmth and character that immediately feels established and comfortable. Large windows feature throughout the home, flooding each space with natural light and ensuring a constant connection to the lake and surrounding landscape. Beautiful leadlight details add a layer of craftsmanship and charm that is increasingly difficult to find. The layout is generous and thoughtfully arranged, with two separate living areas providing flexibility for both everyday living and entertaining. A central kitchen connects seamlessly with the dining and main living spaces, while a sunroom and family room extend the home further, offering quiet places to relax, read, or simply sit and take in the outlook. Accommodation is well proportioned, with three bedrooms positioned away from the main living zones. The main bedroom is supported by an ensuite, while the remaining bedrooms are serviced by a central bathroom and separate toilet, creating a practical and comfortable arrangement for families or downsizers alike. Set on a substantial allotment with established surrounds, this is a home that can be enjoyed as it is, while also offering scope to introduce personal touches over time. More than anything, it is the lake frontage, the light, and the enduring appeal of this address that defines the opportunity. EXPRESSIONS OF INTEREST CLOSE THURSDAY FEBRUARY 26 @ 2PM 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.

Features

3 bedrooms
2 bathrooms
2 carspaces
816 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Colac over the last 12 months, the estimated median property value of 24 Balnagowan Avenue is $490.5k.

Median value
$490.5k
Estimated value range
$300k - $840k
Median days on market
37
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Colac. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 24 Balnagowan Avenue

2026
Sold
Undisclosed
Private Sale/Treaty on 05 Mar 2026 by Stephen Lugg, of Charles Stewart Real Estate Colac

Happy sellers in Colac

90%
90% of sellers in Colac reported that their sale price either exceeded or met their price expectations.

Colac stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Colac over the last 12 months.

Local market activity for 3 bedroom houses in Colac

In the last 12 months, 111 three-bedroom houses similar to 24 Balnagowan Avenue, have been sold.

This represents a 6% increase in three-bedroom houses sales when compared to the previous 12 months.

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