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 › Patterson St
$950,000
Last sold
26 Sept 2023
3
Bedrooms
2
Bathrooms
4
Car spaces
34,500 m²
Land
23 m²
Building
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
$950,000
26 Sept 2023 · derived via latest_sale
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
+44.5%
Median sale
Suburb $657,500
-1.32 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 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 Falk & CoIt's hard to come up with enough superlatives to describe this property.
A well designed Keegan Built home capturing the north facing living areas, overlooking the properties fully watered paddocks secluded from neighbours. A rare find amongst rural lifestyle properties in a premier position, within 15 minutes of Port Fairy and Warrnambool.
- 3/4 generous size bedrooms, a beautiful master suite with full ensuite and large walk in robe.
- Modern Country kitchen with walk in pantry and electric stove.
- Open plan dining area and large family room.
- Spotted gum hardwood flooring, full wool carpets to bedrooms.
- Main bathroom with large spa and shower.
- 9ft ceilings ground floor, cathedral ceiling to ultra large lounge area, upstairs large rumpus room leading to balcony has 8ft ceiling.
- Insulated ceiling, walls, and slab floor. House design allows efficient heating/cooling of areas being used
- Ground floor: One reverse cycle split system and one economic Rinnai gas heater, and large open fire place in lounge.
- Upper floor rumpus room: One reverse cycle split system, and one very economic Rinnai gas heater.
- Quality fixtures and fittings all of a high standard.
- Large four car garage with remote doors.
- Additional machinery shed with power and storage shed with power.
- 5 paddocks all fenced with bore water available over the entire property for lawns and gardens, as well as the stockwater
- Approximately 3 acres of eucalypts, and many other natives including a Kurrajong plus 9 Norfolk Island pines, a Gingko, and Magnolias
- Fresh water tanks with 50,000L storage.
- There is a courtyard with roofed, paved and lawn areas and under cover wood burning heater.
- Potting shed, fernery and fire pit.
A quality property looking offering endless options ideal for country living with the amenities of town convenience with direct access to the rail trail to Koroit and Port Fairy.
Listing description written by Gary Attrill, Falk & Co — 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.