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Sold on 07 Sep 2024 - Price Unavailable

206 Commercial Road
Koroit VIC 3282

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 206 Commercial Rd, Koroit

206 Commercial Rd, Koroit is a 3 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Koroit in the last 12 months.

Building Type
House

Last Listing description (September 2024)

This charming 3 bedroom cottage beautifully combines both the character cottage with modern updates.

Featuring a traditional facade that offers a delightful street appeal and setting the tone for its inviting interior.

Over time, the home has been thoughtfully updated to incorporate a spacious open plan kitchen and living area at the rear, with neutral tones throughout to enhance the light filled space.

A functional bathroom with the inclusion of a european laundry for space configurations.

Outside, the property offers a fully enclosed yard with off-street parking, providing both privacy and convenience. Situated within walking distance to the local IGA supermarket, hotels and everything Koroit has to offer, this cottage is a perfect blend! With a current rental return of $400 per week, a great addition to any portfolio or an idealistic first home.

Being auctioned on Saturday 7 September.

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Property History for 206 Commercial Rd, Koroit, VIC 3282

A timeline of how this property has performed in the market
Last Sold
07 Sep 2024
Listed for Rent
$400/w
13 Oct 2023
  • 07 Sep 2024
    Sold for $290,000
  • 14 Aug 2024
    Listed for Sale Auction - $275,000 - $300,000
  • 13 Oct 2023
    Listed for Rent $400 / week
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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 58.88% increase in median value, while Units have seen a 32.64% increase. As at 30 November 2024:

  • The median value for Houses in Koroit is $598,923 while the median value for Units is $430,302.
  • Houses have a median rent of $540.
There are currently 24 properties listed for sale, and no properties listed for rent in Koroit on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Koroit.

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