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.
$620,000
Last sold
31 May 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
1,370 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
$620,000
31 May 2024 · 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
-5.7%
Median sale
Suburb $657,500
+0.26 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 Stockdale & Leggo WarrnamboolThis immaculate 1960s cream brick home in a highly desirable neighbourhood presents a wonderful opportunity to have it all. You will enjoy a peaceful, private, more relaxed lifestyle, room to move on the 1370m2 block with its lovely established gardens, a house with charm, character and all the mod cons... plus the convenience of being able to walk to schools, sports, social clubs and the cafes, shops and services in Koroit's Main Street.
Fully renovated in 2006, the craftsman built home comprises 3 bedrooms, 2 living areas, 2 bathrooms and some lovely original period features such as full height timber windows, 9' (2.7m) ceilings, decorative cornices and floorboards under the plush carpets. The master bedroom has a good-size ensuite and a wall of custom designed built-in wardrobes and drawers; bedroom 2 is large with custom-fitted robes; bedroom 3 is used as an office with exposed parquetry floors and built-in wardrobes. The family bathroom and separate laundry are large in size and beautifully appointed.
There is a reassuring, soothing feel to this quality homes with well-proportioned rooms in which you can relax and entertain family and friends. From the front formal entrance hall, the separate formal lounge with fire place is a lovely room, bathed in all day sun. The central kitchen is luxuriously appointed with long breakfast bar, walk-in pantry, electric wall oven & hotplates, dishwasher, lots of cupboard space and nests of drawers. The dining room offers plenty of space for all the family to enjoy and the open family room looks out to the deep back yard. Fixtures and fittings are in pristine condition, gas ducted central heating an added comfort.
The house has great street appeal and is set back on the block with a concrete driveway leading to a carport attached to the house and a brick single tandem garage with remote door offering space for 2 cars and a workshop/ storage at the back. The garden is safely enclosed and wonderfully private, a great place for kids and pets to run and explore. There is plenty of room for a granny flat, workshop, studio or whatever else you desire. And you will love the feeling of open space all round with neighbours close enough if you need them, but far enough to enjoy your own company and some peace and quiet.
They don't build them like this anymore... this is a lovely property at the top end of town offering relaxed country living with all amenities close by. Call us today to arrange your inspection!
Listing description written by Justin Allen, Stockdale & Leggo Warrnambool — 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.