OFF MARKET

540 Corangamite Lake Road
Cororooke VIC 3254

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1844m2
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Property Details for 540 Corangamite Lake Rd, Cororooke

540 Corangamite Lake Rd, Cororooke is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1844m2.

Building Type
House
Land Size
1844m2
Local Government
Colac Otway

Last Listing description (July 2015)

Here is a unique opportunity to purchase a business and freehold that has been in the one family for over 50 years. Freehold offers large shop floor with scullery the attached residence has, 2 living areas, 3 bedrooms and there is another detached 2 br residence on site. The business offers Liquor Licence, Post Office, Grocery Lines, Take Away Food. This is an opportunity to run your own family business.

Property History for 540 Corangamite Lake Rd, Cororooke, VIC 3254

A timeline of how this property has performed in the market
  • 12 Feb 2011
    Listed for Sale $660,000ex
  • 26 Jun 2010
    Listed for Sale 660000

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About Cororooke 3254

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:

  • The median value for Houses in Cororooke is $476,036 while the median value for Units is $403,428.
There are currently 1 property listed for sale, and no properties listed for rent in Cororooke on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Cororooke.

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