111 Commercial Rd, Koroit is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1880. The property has a land size of 955m2 and floor size of 315m2. While the property is not currently for sale or for rent, it was last sold in July 2016.
This former state savings bank has been converted into a stunning 4 bedroom home. Oozing with charm it also has the potential to become holiday accommodation or short stay accommodation having 2 separate kitchens, one upstairs and one downstairs as well as 2 separate bathrooms.
Polished floorboards throughout the home rebound an abundance of natural light around the freshly painted rooms all with magnificent high ceilings. Downstairs comprises of an enormous living zone which walks through into a formal dining area, a kitchen which was refurbished within the last 5 years complete with top of the range Italian appliances and butlers sink, large laundry with an extra shower, 2 separate toilets with wash sinks in each. For those into their wine, utilize the old bank vault as a cellar which stays at a cool 18 degrees. A gas log heater as well as functioning fire places provide ample heating throughout the property. Walk upstairs and you will find a second living space with working fireplace, second bathroom as well as 4 large bedrooms.
The large rear yard provides a beautiful setting to sit, relax end enjoy a cuppa and or potter around the established garden and courtyard. A huge Kurrajong tree is the centrepiece of the yard which also has a vegie patch complete with asparagus bed! Having tested the market the vendors have made the clear decision that it is time to sell.
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:
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