Rarely does a property with such special potential come onto the market.
This is your opportunity to create a rural lifestyle just 2 minutes from the Alexandra township & with Lake Eildon, the Cathedral Ranges & the Lake Mountain Alpine report almost on your doorstep. And it's just a 90 minute drive back to Melbourne's Eastern suburbs!
Plans are approved for a 3 bedroom plus study home with 2 bathrooms, large open plan kitchen/meals/family & a double garage. There's also an already existing shed and studio.
The size of Koriella is approximately 37.6 square kilometres. It has 3 parks covering nearly 3.5% of total area. The population of Koriella in 2011 was 550 people. By 2016 the population was 49 showing a population decline of 91.1% in the area during that time. The predominant age group in Koriella is 60-69 years. Households in Koriella are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Koriella work in a managers occupation. In 2011, 85.6% of the homes in Koriella were owner-occupied compared with 100% in 2016..
Koriella has 56 properties. As at 31 October 2024:
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