OFF MARKET

9 Irvings Lane
Koroit VIC 3282

Bedrooms: 3
Bathrooms: 1
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 9 Irvings Lane, Koroit

9 Irvings Lane, Koroit is a 3 bedroom, 1 bathroom House.

Building Type
House
Local Government
Moyne

Last Listing description (April 2022)

Welcome to the exciting prospect that is 9 Irvings Lane, Koroit. This attractive weatherboard cottage has it all. Moved to this location only 7 years ago, the property has had new stumps put in, new wiring, new plumbing and a new roof. The nice old character is about the only remaining feature from years gone by.
Sitting on a flat 1020m2 block approx. there is an amazing amount of space left to create your future. Maybe some garden, maybe a shed, maybe even a subdivision?
The home itself is in pristine condition consisting of three bedrooms, two living areas, a single bathroom and a great open-plan kitchen with a rural setting outlook.

The property has been used for Airbnb and has had some great returns. The owners would be more than happy to help transfer across and help the new owners if they wish to carry it on.
Koroit has continued to grow into one of the South Wests toughest towns to buy into. There are low amounts of property coming to the market so here's your opportunity to secure a solid cottage on a great block with massive upside.

Property History for 9 Irvings Lane, Koroit, VIC 3282

A timeline of how this property has performed in the market
  • 03 Feb 2022
    Listed for Sale Openn offers ending Wednesday 9th Feb @ 7pm

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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 no 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.