Property Details for 2/216 Commercial Rd, Koroit
Last Listing description (September 2020)
This parcel of land is ready and waiting for the new owner to build a 2 or 3 bedroom townhouse on! Approximately 586 m2 in size, this is a perfect opportunity to have your very own brand new townhouse, which are very hard to come by in Koroit. It is also a brilliant chance for a 1st home builder to take advantage of the $20,000 government grant and also stamp duty savings to help them enter the property market at a super affordable price. Enquire today for more information!
Property History for 2/216 Commercial Rd, Koroit, VIC 3282
- 31 Mar 2020Listed for Sale $110,000
- 03 Apr 2018Listed for Sale $130,000
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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 1,300 properties. Over the last 5 years, Houses in Koroit have seen a 27.63% increase in median value, while Units have seen a 15.76% increase. As at 30 April 2026:
- The median value for Houses in Koroit is $646,042 while the median value for Units is $427,096.
- Houses have a median rent of $620.
Suburb Insights for Koroit 3282
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