OFF MARKET

121A Commercial Road
Koroit VIC 3282

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 525m2
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Last updated 11 Nov 2024
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Property Details for 121a Commercial Rd, Koroit

121a Commercial Rd, Koroit is a 2 bedroom, 1 bathroom Unit. The property has a land size of 525m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Land Size
525m2
Local Government
Moyne
Lot/Plan
1/TP10334

Last Listing description (November 2016)

Located at the rear of a commercial business in the heart of town, this very neat and tidy property has a lot to offer.
Comprising of two very good sized bedrooms, a modern kitchen with gas hotplates and an electric oven, and a good sized lounge room with gas heating. The bathroom contains a separate bath and shower and there is separate laundry and toilet. Outside there is a generous yard with a shed and access for parking. The property is available from the 15 of October for $250 per week

Property History for 121a Commercial Rd, Koroit, VIC 3282

A timeline of how this property has performed in the market
Last Sold
$275,000
01 Nov 2017
Listed for Rent
$250/w
16 Nov 2016
  • 01 Nov 2017
    Sold for $275,000
  • 15 Sep 2016
    Listed for Rent $250 / week
  • 16 Jun 2014
    Sold for $245,000
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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 1,283 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 1 property listed for rent in Koroit on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Koroit.

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