10 Commercial Pl, Koroit is a 3 bedroom, 1 bathroom House and was built in 1910. The property has a land size of 1364m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in September 2013.
CHARM, CHARACTER, POTENTIAL ON A HUGE BLOCK
These sorts of opportunities don't come along very often... This property was last offered for sale 60 years ago and represents a gilt-edged opportunity to secure a classic period home c1910 in the heart of Koroit at an affordable price.
The original residence has been extended on one wing and offers scope to renovate and add value & create something very special. It has size and is in good condition internally but could be upgraded and for example, a spacious open plan dining/ family room added at the back looking down the length of the block would be sensational.
The size of Koroit is approximately 42 square kilometres. It has 2 parks covering nearly 0.6% of total area. The population of Koroit in 2011 was 1,957 people. By 2016 the population was 2,043 showing a population growth of 4.4% in the area during that time. The predominant age group in Koroit is 50-59 years. Households in Koroit are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Koroit work in a trades occupation. In 2011, 78% of the homes in Koroit were owner-occupied compared with 77.9% in 2016.
Koroit has 1,279 properties. Over the last 5 years, Houses in Koroit have seen a 74.39% increase in median value, while Units have seen a 34.22% increase. As at 31 August 2024:
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