16 Spring St, Koroit is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1210m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Koroit in the last 12 months.
Located discreetly down a quiet one way lane in the picturesque township of Koroit, this cottage retains the original elements of high ceilings and classic wrought iron fretwork on the verandah which welcomes you to the front doorway. The four bedrooms are generous in size, with two rooms having original fireplaces and you will soon discover solid timber floorboards under the original carpets, which could easily be reinstated to their former glory. The home has been clad in imitation brickwork, which could be removed to reveal the original building materials underneath. The home sits on a 1210m2 (approx.) block with the potential to subdivide the land at the rear of the home (STCA). Resting in the heart of the township of Koroit, conveniently located between Warrnambool and Port Fairy, and only a short walk from supermarkets, cafes, bakery, restaurants and pubs. If you're looking for a cottage that you can make your own, this offers an exciting opportunity to own a piece of history!
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:
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