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 › Lake View Rd
$1,180,000–$1,225,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
2
Car spaces
2,702 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
Asking
$1,180,000–$1,225,000
Asking range · $437/m² of land
No recorded sale for this property.
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
+79.5%
Median sale
Suburb $657,500
-1.90 pp
Gross yield
Suburb 4.30%
Suburb median $657,500 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$71,466 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Koroit's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
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?
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.
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 Gleeson Real Estate‘Southside’ is surrounded by inspiring nature. Built in 2021, this property is ideal for so many lifestyles. The magical views from every room will take your breath away, while natural light fills every corner of this three-bedroom home.
Designed for privacy, the bedrooms are positioned at opposite ends of the house, with the living area in between. The east wing features the master bedroom with a walk-in robe and a luxurious ensuite that includes a walk-in shower, bath, floating vanity, and combination rain/handheld matte black tapware. The west wing offers two additional bedrooms (one of which could serve as a second living area), a laundry with a built-in hamper, and an ensuite bathroom.
At the heart of the home is the open-plan kitchen, dining, and living area—complete with a wood heater, split system, and expansive windows that frame the incredible views. The contrast of white tones and huge double-glazed, tinted windows showcases the breaking waves of the Southern Ocean, Tower Hill, the Port Fairy lighthouse, and beyond—uplifting for the soul!
Entertaining will be a delight in the modern kitchen, which includes a walk-in pantry and quality Bosch and Siemens appliances: a semi-integrated dishwasher, pyrolytic oven, glass gas cooktop, rangehood, and combination convection/microwave oven. Soft-close cupboards and drawers, along with an extra-wide engineered stone benchtop, provide ample space for meal preparation and gathering with loved ones. The walk-in pantry also houses the fridge and offers additional storage.
The living area flows to an outdoor alfresco and undercover decking area, leading to a generous yard perfect for gardening. The garden includes a 22,500L water tank with pump, established trees, and garden beds lining the perimeter.
At the rear of the property, you’ll find the garage and shed, complete with an entertaining area featuring a bar, woodfire, and toilet—and yes, there’s even under-house storage!
This spectacular property offers the best of both worlds: the peace and quiet of country living, while being just minutes from local amenities including primary schools, a pharmacy, supermarket, pubs, sporting reserves, playgrounds, and community facilities. You’ll also enjoy the convenience of a short drive or walk to Koroit’s popular pubs, brewery, and restaurants.
With the beautiful Killarney Beach, Warrnambool, Port Fairy townships, and Tower Hill Reserve all within a 10-minute drive, this property truly delivers the lifestyle dreams are made of.
There is something uniquely special about ‘Southside’—it’s a home that must be experienced to be fully appreciated.
Contact Jeremy or Ian today to arrange an inspection.
Listing description written by Jeremy Gleeson, Gleeson Real Estate — reproduced as published, not verified by Districts.