278 Penshurst-Warrnambool Road, Koroit, VIC 3282 | Property Value & History | OnTheHouse
OFF MARKET

278 Penshurst-Warrnambool Road
Koroit VIC 3282

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 180m2
Land area: 52176m2
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Property Details for 278 Penshurst-Warrnambool Rd, Koroit

278 Penshurst-Warrnambool Rd, Koroit is a 3 bedroom, 2 bathroom House and was built in 2010. The property has a land size of 52176m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in November 2016.

Building Type
House
Year Built
2010
Floor Size
180m2
Land Size
52176m2
Local Government
Moyne
Lot/Plan
1/TP943055

Last Listing description (October 2020)

This outstanding 15-acre (6.07 hectare) site has a planning permit in place and is ready for a new owner to build their dream home.
Current improvements on the property consist of a good set of timber stockyards and a loading race, along with good fencing in place, as well as a solar-powered electric boundary fence around one large paddock.
The bore has a large solar panel that is used to drive the submersible water pump, delivering water to a concrete cattle trough.

Overall, this is a clean paddock that has good pasture cover, perfect for running a few head of cattle outside of a home paddock.
This outstanding building site is in a perfect location, just a short 2 kilometre drive west of Koroit at the intersection of Cruise Street and Penshurst-Warrnambool Road.
The Penshurst-Warrnambool Road is the main thoroughfare into Koroit from the west, providing easy access to the town. It also provides access to excellent linking roads to Port Fairy to the south.
The Vendor is keen and motivated to sell and has recently dropped the price considerably.

Property History for 278 Penshurst-Warrnambool Rd, Koroit, VIC 3282

A timeline of how this property has performed in the market
Last Sold
$585,000
30 Nov 2016
  • 17 Dec 2019
    Listed for Sale Contact Agent
  • 13 Feb 2018
    Listed for Sale $595,000
  • 30 Nov 2016
    Sold for $585,000
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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 18 properties listed for sale, and no properties listed for rent in Koroit on OnTheHouse. According to Cotality's data, 51 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.