2-137 Commercial Rd, Koroit is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 245m2.
An opportunity waits! If you could purchase your very own property for more OR possibly less that you re currently paying in rent wouldn t it be worth looking into?
We have two units within walking distance to all that the growing yet peaceful charming town of Koroit has to offer. With solid blue stone construction, renovated, their own titles and with a healthy investment return this is a great way to break into the local market and at a low level of risk.
Consisting of two bedrooms with BIRs, open plan kitchen/dining, large bathroom and a well positioned living area with split system cooling/heating. This is the perfect buy for those in the market for a large unit or small home.
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:
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