OFF MARKET

581 Corangamite Lake Road
Cororooke VIC 3254

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Floor area: 149m2
Land area: 1488m2
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Property Details for 581 Corangamite Lake Rd, Cororooke

581 Corangamite Lake Rd, Cororooke is a 4 bedroom, 3 bathroom House and was built in 2019. The property has a land size of 1488m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
2019
Floor Size
149m2
Land Size
1488m2
Local Government
Colac Otway
Lot/Plan
4/PS705225

Last Listing description (May 2021)

This ranch style home, complete with traditional front veranda, is situated just 10 minutes west of Colac and offers a unique opportunity for those buyers who need to consider extended family members, such as elderly parents, in their next property purchase decision. The inclusion of a fully self-contained two-bedroom unit with this impressive country property may just be the solution you've been looking for.

Built in 2018, the colorbond home features a cosy open plan living area with pitched ceiling and timber look flooring which adds to the country charm of the home. The modern kitchen offers electric cooking with dual wall ovens. Split system heating and cooling will ensure you're comfortable all year round.

There are three bedrooms in the main house, the master has a walk-in robe and ensuite and there is a well-appointed central bathroom. There is also a spacious second living area with direct access to the enclosed outdoor entertaining area positioned between the main house and the self-contained unit. A tranquil place to relax on a warm day or the perfect spot for a big family get together.

Adjacent to the main house, the spacious unit offers two-bedroom, kitchenette, living room and meals area along with a small office space and bathroom. Ideal for extended family or you could generate income if you make it a permanent or short term rental.

Set on a generous 1487sqm block, the property is fully fenced with a 22,500lt water tank for the drier months and is on town water. There is also a 30ft shipping container for extra storage space.

Increasing in popularity all the time, the community of Cororooke has a vibrant arts scene with its own theatre, there is a corner store and it is on the school bus pick up route.

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Property History for 581 Corangamite Lake Rd, Cororooke, VIC 3254

A timeline of how this property has performed in the market
Last Sold
$485,000
26 Apr 2021
  • 26 Apr 2021
    Sold for $485,000
  • 15 Dec 2020
    Listed for Sale $485,000
  • 23 Jan 2019
    Sold for $70,000
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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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