OFF MARKET

108 Commercial Road
Koroit VIC 3282

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 330m2
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Property Details for 108 Commercial Rd, Koroit

108 Commercial Rd, Koroit is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 330m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
House
Land Size
330m2
Local Government
Moyne
Lot/Plan
1/TP914174

Last Listing description (February 2019)

Located in the heart of growing Koroit, 108 Commercial Road allows buyers to own a shopfront in the main street of town. Featuring a 2 bedroom unit at the rear of the property currently returning $180 per week, its flexibility as 2 different sites separates itself to other shopfronts. Both properties require a trades person to restore the site both internally and externally to bring the former cafe back to its original glory. The rear unit is accessed via a 'right of carriageway' off High Street allowing separate access points for both the shop and the unit.

Property History for 108 Commercial Rd, Koroit, VIC 3282

A timeline of how this property has performed in the market
Last Sold
$210,000
20 Mar 2019
Listed for Rent
$150/w
11 Jul 2008
  • 20 Mar 2019
    Sold for $210,000
  • 11 Jan 2019
    Listed for Sale Under Offer
  • 01 Feb 2008
    Listed for Rent - Price not available
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About Koroit 3282

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 1,284 properties. Over the last 5 years, Houses in Koroit have seen a 61.86% increase in median value, while Units have seen a 35.49% increase. As at 31 October 2024:

  • The median value for Houses in Koroit is $601,010 while the median value for Units is $418,675.
  • Houses have a median rent of $520.
There are currently 24 properties listed for sale, and 2 properties listed for rent in Koroit on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Koroit.

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