117 Commercial RoadKoroit VIC 3282
Property Details for 117 Commercial Rd, Koroit
117 Commercial Rd, Koroit is a 4 bedroom, 1 bathroom House. The property has a land size of 487m2.
Last Listing description (August 2022)
With Commercial Road frontage in a high traffic location, opportunities to purchase on Koroit's growing main street are few and far between.
Most recently run as a popular takeaway, the site offers both the opportunity to start a business and live or lease out the rear residence.
With a recent redevelopment at the local IGA, future development along Commercial Road and a growing population, secure your chance to capitalise on this rare site.
Property History for 117 Commercial Rd, Koroit, VIC 3282
- 24 Feb 2022Listed for Sale Contact Agent
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0About 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 1,307 properties. Over the last 5 years, Houses in Koroit have seen a 34.00% increase in median value, while Units have seen a 67.39% increase. As at 28 February 2026:
- The median value for Houses in Koroit is $640,471 while the median value for Units is $459,524.
- Houses have a median rent of $600.
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