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.
$1,170,000
Last sold
28 Feb 2026
3
Bedrooms
1
Bathrooms
6
Car spaces
2,047 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
$1,170,000
28 Feb 2026 · 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
+77.9%
Median sale
Suburb $657,500
-1.88 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 Gleeson Real EstateSet across two titles, this iconic Edwardian home stands proudly on High Street, offering timeless elegance paired with thoughtful modern updates. Once the beloved home of the Lane Sisters, among the original Irish settlers to Koroit, “Skahanagh” takes its name from a small town in Ireland – a fitting tribute to the heritage and warmth this residence embodies.
From the moment you arrive, the home’s striking white weatherboard façade, ornate fretwork verandah, lush rose gardens, and inviting red front door with decorative leadlight windows set the tone for what’s inside – a blend of character, comfort, and sophistication. The immaculately kept front lawn and dry-stone-style retaining wall add to the impressive street appeal.
Inside, the home exudes warmth, featuring rich, polished timber floorboards and matching timber door frames and skirting boards throughout. The main formal living area features a cosy gas log fire set into a beautiful dark timber mantelpiece and is bathed in natural light from large windows, making it perfect for relaxing nights in. A secondary, more casual living space offers a comfortable retreat with direct access to the yard through stunning timber-framed glass double doors.
The gourmet modern kitchen is a true highlight. It impresses with premium, neutral-toned cabinetry, blackbutt timber countertops, and a top-of-the-range freestanding range cooker with a tiled splashback set into a heritage-style chimney breast. A large central island bench provides extensive prep space, doubles as a breakfast bar with seating for at least six and is illuminated by a trio of striking black industrial-style pendant lights. The open-plan layout flows seamlessly to the dining area.
Each of the three spacious bedrooms carries a sense of charm and intimacy, true to the home’s Edwardian heritage, while the contemporary upgrades throughout ensure effortless modern living. The master bedroom contains a generous walk-in robe that leads to the two-way bathroom. The bathroom is well-appointed to service the home with a shower, cabinetry, basin, and charming bespoke floor tiling.
Entertaining is a joy with a spacious, all-weather undercover outdoor area. This impressive space features high, raked timber ceilings with corrugated iron roofing and translucent panels, providing protection from the elements while maintaining a light, airy feel. It includes a second functional kitchen area with a rangehood, as well as ample room for a dining setting and lounge area, making it ideal for hosting family and friends year-round. This area connects directly to a timber deck and the exterior of the house. Outside, there is also a fire pit area, adding to the liveability and charm of this property.
Set on a generous 2,047m² across two titles, the beautifully maintained gardens, established garden beds, and lawns provide both beauty and space for outdoor living. The property offers fantastic multi-vehicle capacity, with a double garage plus a 4-car machinery shed (9m x 8m) accessible off High Street – ideal for caravan or boat storage, or for the tradesperson.
This is more than a house – it’s a piece of Koroit’s story. Skahanagh offers the perfect balance of historic allure and modern lifestyle – a truly special place to call home.
Listing description written by Jeremy Gleeson, Gleeson Real Estate — 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.