OFF MARKET

215 Commercial Road
Koroit VIC 3282

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 110m2
Land area: 578m2
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Last updated 11 Nov 2024
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Property Details for 215 Commercial Rd, Koroit

215 Commercial Rd, Koroit is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1920. The property has a land size of 578m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
1920
Floor Size
110m2
Land Size
578m2
Local Government
Moyne
Lot/Plan
1/TP413007

Last Listing description (September 2022)

Wanting to move to Koroit? Are you looking for a character home that you can put your own mark on? Situated in Commercial Road is the chance to secure this affordable cottage that won't break the budget and is ideal for those looking to enter into the property market. The home itself comprises of three generously sized bedrooms, bathroom with bath and laundry, spacious kitchen, separate lounge with split system air conditioner. Outside there is a small outdoor area, fully enclosed back yard and a 6m x 8m (approx.) garage or workshop. All this within walking distance to the new IGA, public transport and all the shops Koroit has to offer. This one is sure to spark a lot of interest, so get in quick!

Property History for 215 Commercial Rd, Koroit, VIC 3282

A timeline of how this property has performed in the market
Last Sold
$415,000
07 Sep 2022
Listed for Rent
16 Jul 2021
  • 07 Sep 2022
    Sold for $415,000
  • 11 Aug 2022
    Listed for Sale $429,900
  • 30 May 2021
    Listed for Rent - Price not available
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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 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.
There are currently 24 properties listed for sale, and 1 property listed for rent in Koroit on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Koroit.

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