SOLD
Sold on 14 Jun 2024 for $360,000

223 Commercial Road
Koroit VIC 3282

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 661m2
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Property Details for 223 Commercial Rd, Koroit

223 Commercial Rd, Koroit is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 661m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in Koroit in the last 12 months.

Building Type
House
Land Size
661m2
Local Government
Moyne
Lot/Plan
1/LP131765

Last Listing description (August 2024)

This property has been sold by Wilsons using the Smartre sale method. During the marketing of the property, we had several buyers contact our office specifically about the property.

It is likely that many of the buyers that missed out are still interested in purchasing within the area. If you have had any thoughts of selling, now may be an ideal time for you to achieve an excellent price.

If you wish to know the likely price of your property in the current market, or simply find out how yours compares to the one we've just sold; we would be pleased to provide you with a FREE no obligation estimate.

Disclaimer:
For Statement Of Information & Due Diligence please head to our website at www.wilsonswarrnambool.com.au. All measurements are correct to the best of our knowledge, as provided by property owners and external websites. Please complete due diligence to confirm.

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Property History for 223 Commercial Rd, Koroit, VIC 3282

A timeline of how this property has performed in the market
Last Sold
$360,000
14 Jun 2024
Listed for Rent
$340/w
20 Apr 2023
  • 14 Jun 2024
    Sold for $360,000
  • 01 May 2024
    Listed for Sale $360,000
  • 23 Feb 2020
    Listed for Rent $270 / 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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