Koroit at a glance
2,288
People
$657,500
Median sale
$544/wk
Median rent
4.30%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
VIC › Koroit › Mcvicar St
4
Bedrooms
2
Bathrooms
5
Car spaces
1,481 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Koroit (last 5 years) with land size have a median of $733/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Koroit at a glance
2,288
People
$657,500
Median sale
$544/wk
Median rent
4.30%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $544/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Koroit at a glance
2,288
People
$657,500
Median sale
$544/wk
Median rent
4.30%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Christine Steere PropertyAn immaculate four bedroom plus-plus-plus residence! Sitting on a huge 1481 sqm (approx.) parcel of land with a broad frontage offering an exciting introduction to your new family life in the ever popular township of Koroit.
The spacious, single level interior is perfectly flexible for an active, growing family and boasts a large kitchen with plenty of cupboards and bench space, electric cooking and a dishwasher. A formal lounge room is an inviting space to retreat to in winter while the large family living and dining room spills out to a fabulous north facing indoor oasis with two huge adjoining rooms, perfect for large family celebrations and entertaining with ease.
The master bedroom includes an ensuite bathroom and walk in robe.
There are three further bedrooms with built in robes, all serviced by a generous central family bathroom with spa bath and separate shower.
Other important features of the home include an additional study or 5th bedroom, laundry, ducted heating and cooling, a reverse cycle air conditioner, ceiling fans, solar panels and an enclosed yard with established garden to provide plenty of secure play for a young family and the fur babies.
Outdoor benefits include the double remote garage and a separate driveway to access the huge additional fenced rear yard with various shedding options to store caravans, boats and trailers.
This is a rare find and ideal for the tradesperson and home business operator.
There is even room to install a pool or build a second dwelling at the rear of the property - to purpose build for elderly relatives or a young adult family member seeking independence.
Located within walking distance to the shops, local primary school, gardens and sporting ground and just a 10 minute drive to Warrnambool to the east and historic Port Fairy to the west.
This substantial property is a unique offering, there is simply no further money to spend and it will transport you to a place of privacy and peace for many years to come.
** Floor plan available on request
Listing description written by Christine Steere, Christine Steere Property — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.