316 Lake View Road, Koroit, VIC 3282 | Land for sale | OnTheHouse
 
FOR SALE
$399,990

Lot 7/316 Lake View Road
Koroit VIC 3282

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 989m2
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Lake Views & Lifestyle

Gleeson Real Estate is pleased to present Lot 7 Lake View Rd for sale. This 989m2 lot is located in a lovely, quaint part of Koroit. Imagine waking up looking over the world-class views of Tower Hill and sea views towards Killarney beach!
Positioned in the popular township of Koroit, this lot are situated close to Koroit town centre, primary schools, Koroit Bowls club, Koroit Football and Cricket grounds and the beautiful Koroit Botanic Gardens. Everything you could want in life is right near you.
You will live on the tightly held 'Tower Hill' side of town. Build your dream home and live the rural life you have always hoped for - Koroit has so much to offer!
The block is titled with all services available: power, town water, sewerage, natural gas, NBN access.
Location:
Tower Hill: Across the road
Victoria Park Recreational Reserve: 1.5km
IGA Supermarket: 2.2km
Warrnambool: 15km
Killarney Swim Beach: 9km
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Property Details for Lot 7/316 Lake View Rd, Koroit

Building Type
Land
Land Size
989m2
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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 44.05% increase in median value, while Units have seen a 23.02% increase. As at 30 November 2025:

  • The median value for Houses in Koroit is $635,661 while the median value for Units is $420,825.
  • Houses have a median rent of $520.
There are currently 18 properties listed for sale, and no properties listed for rent in Koroit on OnTheHouse. According to Cotality's data, 49 properties were sold in the past 12 months in Koroit.

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Jeremy Gleeson
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