164 Commercial Rd, Koroit is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 576m2 and floor size of 275m2. While the property is not currently for sale or for rent, it was last sold in August 2017.
Situated in the heart of Koroit this period home brings with it some of the best old world features, combined with modern updates and neutral tones to offer a great family home. The three bedrooms are all of a great size and retaining the period charm with 11ft ceilings, bay windows and fireplaces with the master showcasing a huge walk in wardrobe.
The kitchen has been updated and provides good bench space which is appointed with quality stainless steel appliances and allows for plenty of natural light. The stylish bathroom has also been updated with a large frameless shower. The large main lounge opens to the undercover outdoor entertaining area.
Completed with gas central heating, polished timber floor boards, split system air conditioner, double garage and a neat low maintenance backyard, this home offer the best of old and new and is positioned to make life convenient.
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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