FOR SALE
$420,000

Lots/4 5 & 16 Penshurst - Warrnambool Road
Koroit VIC 3282

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5.6ac
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Country Paradise

This little piece of wholesome paradise presents with many opportunities, including building your dream home (STCA), creating your very own market farm, or running a herd of small livestock. The land is close to the Rail Trail that runs from Warrnambool, via Koroit to Port Fairy. It's time to make your dreams a reality!!
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Property Details for Lots/4 5 & 16 Penshurst - Warrnambool Road, Koroit

Building Type
Land
Land Size
5.6ac

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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 58.88% increase in median value, while Units have seen a 32.64% increase. As at 30 November 2024:

  • The median value for Houses in Koroit is $598,923 while the median value for Units is $430,302.
  • Houses have a median rent of $540.
There are currently 24 properties listed for sale, and no properties listed for rent in Koroit on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Koroit.

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Peter Herbert
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Homeseeka Real Estate - Warrnambool
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