206 Commercial RoadKoroit VIC 3282
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.
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.
Property History for 206 Commercial Rd, Koroit, VIC 3282
- 07 Sep 2024Sold for $290,000
- 14 Aug 2024Listed for Sale Auction - $275,000 - $300,000
- 13 Oct 2023Listed for Rent $400 / week
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0About 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 61.86% increase in median value, while Units have seen a 35.49% increase. As at 31 October 2024:
- The median value for Houses in Koroit is $601,010 while the median value for Units is $418,675.
- Houses have a median rent of $520.
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