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.
$1,085,000
Last sold
9 Oct 2025
4
Bedrooms
2
Bathrooms
3
Car spaces
2,097 m²
Land
Districts View
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
$1,085,000
9 Oct 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Koroit (last 5 years) with land size have a median of $744/m² of land (n=25). 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.
Vs Koroit
+65.0%
Median sale
Suburb $657,500
-1.69 pp
Gross yield
Suburb 4.30%
Suburb median $657,500 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Moyne
Moyne, VIC
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
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 2,100 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 2,100 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria 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?
KnownmediumOfficial parcel about 2,100 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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.
Area
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 Stockdale & Leggo WarrnamboolPRICE REDUCED!! New price!!
Wow wee! Situated on the quiet and wide, Northern streets of Koroit we have an immaculately presented character home with spacious gardens, quality workmanship, large shedding and ample parking space. With a push of the button, your country style, solar powered, remote gates open and present you with a memorable drive through established gardens, a secrete garden and multiple sitting spaces, before opening up to a private oasis. This really is a One Of A Kind Home!
Extensive renovations since purchasing, has brought what was already a beautiful and charming example of a well-cared for period home, to a whole new level. Initially built in Casterton, Victoria in 1913, making the home 113 years old at the end of the year. Once relocated to Koroit, the home was re stumped with concrete piers and major renovation work completed approximately 25-30 years ago, which included rewiring, double insulation and a new colorbond roof. The recent renovations were completed by a quality local builder, with no stone left unturned and has been re painted inside and out. This property is absolutely immaculate!
The already existing verandah, has been extended to the north east to allow for the ultimate indoor/ outdoor entertaining or relaxing experience with all the room you need. With cabinetry added to make the bbq area, pull down blinds and fitted fly screens make this space perfect for all seasons. Complete with an extra security door for additional piece of mind and great for locking up while you're away. The original timber decking has been replaced with Eco decking that will last forever and added country style railing that ties in with front gates as a finishing touch. With a north and west aspect provides a relaxing place to sit and enjoy the sun, enjoy the pristine gardens and array of fruit and citrus tree's.
The open plan living at the rear of the home, oozes character with features such as original Baltic pine floorboards, stained glass windows and spectacular decorative plaster work and cornice, combining with 11' ceilings. A well equipped kitchen with Ceasarstone bench-tops, large fridge space, quality appliances including a 900ml gas cook-top, electric oven and dishwasher. With loads of bench/ storage space and a large island bench with extra seating room, plus the addition of a butler's pantry with Ceasarstone bench-tops, sink and a bonus 2nd oven being ideal for those that like to entertain. The dining area has room for all the family and is finished with gorgeous, hardwood floorboards. A classy, separate formal lounge with original, feature plaster work and decorative cornice, luxurious carpet provides a quiet retreat form the rest of the home.
The main bedroom has electric shutters for a complete blackout of light and weather protection, built-in robes and period style en-suit with a dual shower head recently added. The 2nd bedroom has also been fitted with new, built-in robes and all 4 bedrooms are fitted with luxurious carpet, with the 4th bedroom currently utilised as a full sized office but can be a 4th bedroom if required. The main bathroom was previously renovated, matching with the en-suite in a period style and in very good order.
A new laundry has been added, with matching qualities to the kitchen renovation, includes all the storage space you need, ceasarstone bench-tops and period style tiling. The home is fitted with a 3kw solar system, central gas ducted heating, ducted vacuuming and a split system. All town services are connected and the extra bonus of a fresh water tank plumbed to the home with a 3 stage filtration system. This elegant, weatherboard home has also been re painted inside and out with no work needed to be done!
All located within an easy 5 minute stroll to the stunning Tower Hill and easy walking distance to the beautiful little Irish village of Koroit. One of the best swimming beaches in Killarney is less than a 10 minute drive, and both Warrnambool and the historic township of Port Fairy are just a 15 minute drive away.
For any further information or to arrange a private inspection, please feel free to contact me anytime on 0455 039 343.
Listing description written by Phil Gray, Stockdale & Leggo Warrnambool — reproduced as published, not verified by Districts.