47 Clarke St, Koroit is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 853m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Koroit in the last 12 months.
Nestled in the heart of charming Koroit, 47 Clarke Street sits on a commanding 853 m (approx.) block larger corner allotment and offering exceptional scope for future development. Boasting a classic three-bedroom, one-bathroom home built in 1920, this weatherboard residence presents flexibility as a comfortable family dwelling or a cash-flowing rental, all while you explore subdivision or extension options.
Positioned strategically within a desirable locale, the property benefits from strong demand in the area, where recent sales show Koroit's median house prices hovering around $600,000. With substantial frontage and depth, the allotment is ideally setup for subdivision (STCA), or alternatively for a bold renovation or dual dwelling buildproviding lucrative entry into the local property market.
Beyond the property, Koroits peaceful, rural charm yet proximity to Warrnambool (just 18 km away) enhances its lifestyle appeal. Investors, families, and developers alike will recognize the rare value of a large block with endless potential in such a neighborhoodthis is more than a home; its an opportunity.
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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:
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