Set in the popular township of Koroit, just down from Lake View Road and Tower Hill Reserve, with farming land across the road offering a great rural outlook, is this 4604 square-metre block of prime Residential-zoned land. Perfect to build your dream home on over an acre in town, or alternatively a fantastic opportunity to further subdivide now or in the future into 2 or more blocks (STCA).
Also available at this stage is the opportunity to purchase the similar sized block adjacent to it, along with another 1286 square-metre block nextdoor, to create a larger residential subdivision development opportunity - we have available a sample 13-lot plan drawn for this - contact us for more information.
Disclaimer:
The size of Koroit is approximately 42.0 square kilometres. There are 2 parks, covering nearly 0.6% of the 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 1,313 properties. Over the last 5 years, Houses in Koroit have seen a 25.95% increase in median value, while Units have seen a 9.15% increase. As at 30 June 2026:
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