158 Commercial Road, Koroit, VIC 3282 | Land for sale | OnTheHouse
 
FOR SALE
$249,900

158 Commercial Road
Koroit VIC 3282

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 300m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Prime Commercial Land in the Heart of Koroit

Positioned right in the main business precinct of Koroit, this 300m (approx.) allotment presents an outstanding opportunity to secure a Commercial 1 Zoned site in one of South West Victoria's most vibrant regional townships.
Offering excellent exposure and flexibility, this property provides the perfect foundation for your next commercial project, whether it be a retail shop front, office space, caf, or professional premises.
A generously sized Colorbond shed sits to the rear of the block; ideal for storage, workshop use, or as a base while planning and building your future premises, a helpful head start compared to bare land sites.
Subject to council approval, there may also be the opportunity to develop a shop front with a residence, as many neighbouring properties in the street have already done. This could open the door to a convenient live-and-work setup right in the heart of the township.
Koroit continues to thrive as a busy service and lifestyle hub, known for its rich Irish heritage and welcoming community. Conveniently located just 10 minutes drive from Warrnambool and 20 minutes drive from Port Fairy, it offers an ideal base for business growth while maintaining that unique country-town charm.
Key features:
Approx. 300m allotment
Commercial 1 Zoning - suited to a wide range of business uses
Existing Colorbond shed, ideal for storage or a temporary work base
Excellent main street exposure along Commercial Road
See MoreView Statement of Information

Property Details for 158 Commercial Rd, Koroit

Building Type
Land
Land Size
300m2
Commute Calculator

About Koroit 3282

The size of Koroit is approximately 42.0 square kilometres. It has 2 parks covering nearly 0.6% of total area. The population of Koroit in 2016 was 2055 people. By 2021 the population was 2184 showing a population growth of 6.3% in the area during that time. The predominant age group in Koroit is 60-69 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 professional occupation.In 2021, 79.40% of the homes in Koroit were owner-occupied compared with 77.90% in 2016.

Koroit has 1,304 properties. Over the last 5 years, Houses in Koroit have seen a 43.58% increase in median value, while Units have seen a 26.74% increase. As at 31 October 2025:

  • The median value for Houses in Koroit is $638,710 while the median value for Units is $429,153.
  • Houses have a median rent of $550.
There are currently 18 properties listed for sale, and no properties listed for rent in Koroit on OnTheHouse. According to Cotality's data, 50 properties were sold in the past 12 months in Koroit.

Koroit Profile Page

Suburb Insights for Koroit 3282

Visit Koroit profile page
Market Insights
Koroit Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Koroit Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Koroit profile page
Contact agent
agent headshot
Tim Wells
Show contact details
Call agent
agent headshot
Tracey Wake
Show contact details
Call agent
Homeseeka Real Estate - Warrnambool
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED