FOR SALE
$599,900

364 Lake View Road
Koroit VIC 3282

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3ac
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3 ACRES WITH MAGICAL SOUTHERN OCEAN VIEWS

Set on the rim of the majestic Tower Hill with views across the lake and wildlife reserve, taking in the Southern Ocean to the south and beautiful rural views across the Koroit township to the north, is this rare three-acre lifestyle parcel of land, which comes with power connected.
Port Fairy or Warrnambool are only 15 minutes away, Killarney with its beautiful beaches are five or so minutes away, and a stroll into the popular, thriving, and historical township of Koroit. Ready for you to build your dream home and create an idyllic lifestyle - plenty of space for a few animals and/or beautiful gardens.
Disclaimer:
For Statement Of Information & Due Diligence please head to our website at www.wilsonswarrnambool.com.au. All measurements & boundary indications are correct to the best of our knowledge, as provided by property owners and external websites. Please complete due diligence to confirm.
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Property Details for 364 Lake View Rd, Koroit

Building Type
Land
Land Size
3ac

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About Koroit 3282

The size of Koroit is approximately 42 square kilometres. It has 2 parks covering nearly 0.6% of total area. The population of Koroit in 2011 was 1,957 people. By 2016 the population was 2,043 showing a population growth of 4.4% in the area during that time. The predominant age group in Koroit is 50-59 years. Households in Koroit are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Koroit work in a trades occupation. In 2011, 78% of the homes in Koroit were owner-occupied compared with 77.9% in 2016.

Koroit has 1,283 properties. Over the last 5 years, Houses in Koroit have seen a 61.86% increase in median value, while Units have seen a 35.49% increase. As at 31 October 2024:

  • The median value for Houses in Koroit is $601,010 while the median value for Units is $418,675.
  • Houses have a median rent of $520.
There are currently 24 properties listed for sale, and 1 property listed for rent in Koroit on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Koroit.

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