OFF MARKET

8 Commercial Place
Koroit VIC 3282

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 141m2
Land area: 1364m2
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Property Details for 8 Commercial Pl, Koroit

8 Commercial Pl, Koroit is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1918. The property has a land size of 1364m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Year Built
1918
Floor Size
141m2
Land Size
1364m2
Local Government
Moyne
Lot/Plan
7/LP1978

Last Listing description (May 2023)

If you're looking for a home that retains a classic cottage look and the best features of an Early Australian Colonial home, then this restored and extended home is one that you must inspect! The sympathetic restoration was a quest to reinstate the original building materials in the cottage to their former glory with the addition of modern conveniences and a sunroom that lies in the footprint of the initial build. An exposed column of sandstone serves as a fireplace surround in the living and kitchen area - combined with timber lining boards and a moody colour palette, it makes for a striking feature. The bedrooms are grand in size, with plenty of room for furniture pieces and two rooms have original fireplaces. The classic features you expect are all here; high ceilings, timber lining boards, a grand central hallway with ornate timber fretwork, dado railing and tessellated tiles, but you will find so much more. There's a beautifully renovated bathroom with a clawfoot bath, a French-inspired vanity and a recently renovated kitchen with 40mm black stone benchtops. And if you're still looking for things to love, then a walk through the gardens, old dairy and the back paddock should seal the deal! The home sits on 1365m2 (approx.) block with the potential to subdivide the land at the rear of the home (STCA). There is both heating and cooling in the home with heating ducted via heat transfer ducting. This delightful home is situated in the heart of the picturesque township of Koroit, which is conveniently located between Warrnambool and Port Fairy. 8 Commercial Place runs off High Street, with the supermarket, cafes, bakery, restaurants and pubs all within a couple of minutes walk. This is truly a home that you need to see to appreciate, book your private inspection today!

Property History for 8 Commercial Pl, Koroit, VIC 3282

A timeline of how this property has performed in the market
Last Sold
$350,000
21 Nov 2019
  • 18 Jan 2023
    Listed for Sale $649,000 - $695,000
  • 21 Nov 2019
    Sold for $350,000
  • 14 May 2018
    Sold for $263,000
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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 1,284 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:

  • 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 2 properties listed for rent in Koroit on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Koroit.

Suburb Insights for Koroit 3282

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.