118 Commercial Road, Koroit, VIC 3282 | Property Value & History | OnTheHouse
OFF MARKET

118 Commercial Road
Koroit VIC 3282

Bedrooms: 1
Bathrooms: 1
Car spaces: 3
Land area: 550m2
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Property Details for 118 Commercial Rd, Koroit

118 Commercial Rd, Koroit is a 1 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 550m2. While the property is not currently for sale or for rent, it was last sold in November 2014.

Building Type
House
Land Size
550m2
Local Government
Moyne
Lot/Plan
1/TP829081

Last Listing description (December 2014)

Rail Trail Cottage
This former historic shop has been carefully and lovingly renovated to the highest quality with Art Nouveau fretwork, ceiling roses and Baltic Pine Lining Boards. The solid Jarrah timber kitchen which, fitted with glass cabinetry, wine racks and large pantry is a clear indication of the quality of this renovation. The spacious main living area is serviced with a reverse cycle heating/ac unit and is deceivingly large providing plenty of space to unwind and enjoy the home. To identify the location as convenient is certainly an understatement as the cottage is perfectly positioned in the center of town with restaurants, hotels and the supermarket literally a couple of doors away. The property has a large variety of usages re: prime commercial space, a combination of prime commercial and residential or continue its current usage as a holiday and medium term accommodation which has been very successful (figures available). All of the future indicators are positive and this type of property seems destined to prove to be a wise investment. Alternatively this charming, character filled home offers a young couple or a first home owner the perfect opportunity to enter the property market in style as there is absolutely nothing to do. An additional incentive for the purchaser is that the vendors are happy to part with all the internal furnishings, including all of the historic railway memorabilia.
An inspection will prove to be well worth your while, call today to arrange an inspection.

Please contact: Paul Ross on 0439 681 900 or Di MacKirdy on 0400 625 501

Property History for 118 Commercial Rd, Koroit, VIC 3282

A timeline of how this property has performed in the market
Last Sold
$185,000
19 Nov 2014
  • 19 Nov 2014
    Sold for $185,000
  • 18 Jun 2013
    Listed for Sale 199500
  • 23 Feb 2012
    Listed for Sale $205,000
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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 1,307 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.
There are currently 16 properties listed for sale, and 1 property listed for rent in Koroit on OnTheHouse. According to Cotality's data, 65 properties were sold in the past 12 months in Koroit.

Suburb Insights for Koroit 3282

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Cotality Copyright and Legal Disclaimers about Property Data
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.