196 Lake View RoadKoroit VIC 3282
Property Details for 196 Lake View Rd, Koroit
Last Listing description (March 2023)
Opportunities as such, just do not present themselves. As the name suggests, this 5 acre building block is mere meters away from the world famous Tower Hill precinct. To find a block of this magnitude with a planning permit in place this close to Koroit, well, it's just the dream.
Buy the block, submit the plan and away you go. Koroit as a township is growing in leaps and bounds with magnificent restaurants and cafes as well as the recent rebuild of the IGA supermarket. The town literally has everything you want but also small enough to retain that friendly community feel.
The property itself has a slight fall from front to back and a building would have the ability to take in a lot of northern sun and vast views in all directions. The mind boggles as to what the new owners will do with it. Be first to contact us and secure this truly rare offering.
Property History for 196 Lake View Rd, Koroit, VIC 3282
- 26 Jul 2022Listed for Sale $550,000-$600,000
- 06 Feb 2013Transferred
- 30 Sep 2012Transferred
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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.
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