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 › Channing Dr
$661,000
Last sold
20 Nov 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
757 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
$661,000
20 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Koroit (last 5 years) with land size have a median of $721/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
+0.5%
Median sale
Suburb $657,500
-0.02 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 EstateSerene, modern and sparkling new, this family home is a haven. Designed with quality, style and modern functionality in mind, this beautifully presented home offers well-zoned family living in a peaceful and convenient pocket of Koroit. The family-friendly town of Koroit is an ideal investment for any buyer, as the town is community-minded, convenient and supports a healthy and connected lifestyle.
Set on a spacious 757sq.m lot, everything about this 2019 built house is what home-owning dreams are made of. The neatly presented landscaping and a contemporary facade greet you on arrival. At the front of the home, the spacious master bedroom features a walk-in robe and a tastefully presented ensuite. Two further bedrooms are separately zoned at the centre and rear, both generous in size with built-in robes, serviced by a stylish family bathroom and separate wc. Adjacent to the bedrooms, the separate formal lounge is an ideal sitting room, home office or play area.
The standout feature of this home is the immaculate and modern open plan living and dining area, with a light-filled open plan layout with an effortless indoor-outdoor flow. The quality kitchen features a long island bench with built in double sink, quality appliances including 900mm oven, gas cooktop, dishwasher, ample bench space and generous storage. Positioned to overlook the dining area and alfresco, entertainers will love the design of this home. Equipped with all your modern comforts, additional features include central heating, wood heater and A/C split system. Not-to-mention, the well-appointed laundry has courtyard access and storage.
Outside, theres an undercover entertaining area and the large, luscious backyard. The perfect space to relax and entertain, set up the play equipment or build a dream garden. The highly sought-after side access is available on both sides of the house, that leads to the back yard. Perfect for secure parking of a boat, van or trailer, whatever best suits your needs!
Located in the sought-after suburb of Koroit, this well-maintained and move-in-ready property offers exceptional values and a peaceful lifestyle with easy access to all amenities. Enjoy the convenience of being just a short drive away from schools, shops, parks, and public transport options. Dont miss your chance to own this exquisite home contact Jeremy today to arrange an inspection!
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.