529 Corangamite Lake Rd, Cororooke is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 3827m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in April 2016.
This is the lifestyle change you have been looking for and what massive potential this site has!!! Make the most of the unique space of the 1925 former cheese factory, which has a concrete floor, lined with tongue and groove timber boards, gorgeous timber leadlight windows and practical aluminium windows with timber surrounds. Charming weatherboard home privately set back from the road, comprising 3 bedrooms, spacious kitchen with electric cooking, two living areas, large family bathroom & original timber features. Heating and cooling is taken care of with a split system in the lounge and reverse cycle in the kitchen. This expansive area is only limited by your imagination eg: exhibition space, artist's retreat or yoga/dance studio (STCA). To round this one out, there is a colourbond clad one bedroom unit with large living area, kitchen and bathroom (reverse cycle unit). This property sits on just under one acre of land in the quiet country town of Cororooke, just 10 mins from Colac, 1 hour from the Great Ocean Road. The house is currently leased to May 2016 at $220 p.w.
The size of Cororooke is approximately 18.2 square kilometres. The population of Cororooke in 2011 was 381 people. By 2016 the population was 319 showing a population decline of 16.3% in the area during that time. The predominant age group in Cororooke is 10-19 years. Households in Cororooke are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cororooke work in a labourer occupation. In 2011, 81.6% of the homes in Cororooke were owner-occupied compared with 82.4% in 2016.
Cororooke has 189 properties. Over the last 5 years, Houses in Cororooke have seen a 51.53% increase in median value, while Units have seen a 45.76% increase. As at 31 October 2024:
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