126 Commercial Road, Koroit, VIC 3282 sold on 02 June 2025 | OnTheHouse
SOLD
Sold on 02 Jun 2025 - Price Unavailable

126 Commercial Road
Koroit VIC 3282

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 1625m2
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Property Details for 126 Commercial Rd, Koroit

126 Commercial Rd, Koroit is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1625m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 2 bedroom House sold in Koroit in the last 12 months.

Building Type
House
Land Size
1625m2

Last Listing description (June 2025)

Located in the heart of Koroit, is this fantastic property with so much potential and diverse options.

Koroit Bakery Freehold sale with Planning Permit approved for 3 townhouses.

- Secure lease offered at $60,000 per annum plus GST & Outgoings

- 5 years with 2 x 3 year options
- Each townhouse is designed with 2 bedrooms, 2 bathrooms & double garages
- Ideal for aging population searching for central low maintenance housing
- Perfect short term accommodation options also as Koroit & the district have many cultural festivals & events that attract people from across the country
- 1625m2 total

A purchase of the freehold will offer you a solid income straight away then depending on what you do with the development there is certainly further income to be created.

Call today for further information and to register your interest.

Property History for 126 Commercial Rd, Koroit, VIC 3282

A timeline of how this property has performed in the market
Last Sold
02 Jun 2025
  • 14 May 2025
    Listed for Sale $895,000
  • 12 May 2025
    Sold for $750,000
  • 30 Oct 2024
    Listed for Sale $895,000
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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 1,304 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 16 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.

Suburb Insights for Koroit 3282

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Jason Thwaites
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Ray White Warrnambool
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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.