189 Commercial Rd, Koroit is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1017m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Situated just a short walk from the ever popular town centre of Koroit, close to schools, shops, cafes and sporting grounds, this home is perfect for an energetic, growing family and sits on a sizable 1017m2 (approx) allotment. The comfortable home offers three bedrooms, family bathroom, plus a kitchen area with plenty of cupboards for storage and a generously proportioned living and dining room with a cosy wood fire. A fully enclosed paved outdoor entertaining area extends the living space and there are several large sheds including a three-bay lock-up shed and several covered carports; one with a high opening that could fit a caravan, plus additional sundry shedding. This home will suit a family and is also great value for a first home buyer or investor, and represents a great opportunity to purchase a property with loads of potential to create an excellent nest egg for your future!
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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