OFF MARKET

561 Corangamite Lake Road
Cororooke VIC 3254

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 259m2
Land area: 10439m2
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Property Details for 561 Corangamite Lake Rd, Cororooke

Building Type
Commercial
Year Built
1950
Floor Size
259m2
Land Size
10439m2
Local Government
Colac Otway
Lot/Plan
1/TP431906

Last Listing description (August 2023)

561 Corangamite Lake Road is ideally set on 1.04ha (2.56 acres), offering room for the whole family. With a tree-lined entrance delivering you to the home, you'll love the feeling of space and privacy.
Character and country charm throughout, three light filled living zones with superb outlooks to the gardens, provide ample opportunity to relax in style. The large rumpus room provides reverse cycle heating and cooling.
The open kitchen featuring Blackwood cabinetry, granite benchtops, stainless steel appliances with 900mm gas stove, dishwasher and plentiful storage opens onto an informal living zone with wood fire.

The accommodation features 3-4 bedrooms (three with built in robes) and a shared bathroom.
Other home features include hardwood flooring, large laundry, mud room, ducted gas heating, separate shower room and separate office.
Outside, a large 16x8m garage (5 bays with 2 roller doors) is complete with wood heating, power, concrete floor and TV connection.
In addition, there is a large 8x5m attached carport plus 6x7m shed suitable as a wood shed or storage.
With township zoning and town water connected, the property is on two titles and may be subdivided (subject to council approval).
Don't miss this amazing opportunity to live in the ever growing township of Cororooke. A walk to the corner store and tennis courts and less than 10 minutes to Colac for all amenities.

Property History for 561 Corangamite Lake Rd, Cororooke, VIC 3254

A timeline of how this property has performed in the market
Last Sold
$642,000
24 Jul 2023
  • 24 Jul 2023
    Sold for $642,000
  • 19 Apr 2023
    Listed for Sale New Price $705,000
  • 09 Jan 2021
    Transferred
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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.

Suburb Insights for Cororooke 3254

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.