Koroit at a glance
2,288
People
$665,000
Median sale
$544/wk
Median rent
4.25%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
VIC › Koroit › Koroit Port Fairy Rd
4
Bedrooms
2
Bathrooms
2
Car spaces
7,691 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Koroit (last 5 years) with land size have a median of $733/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Koroit at a glance
2,288
People
$665,000
Median sale
$544/wk
Median rent
4.25%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
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
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
$665,000
Median sale
$544/wk
Median rent
4.25%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gleeson Real EstateGleeson Real Estate is delighted to offer this family home and lifestyle property, which enjoys stunning views of Tower Hill Reserve and the Southern Ocean.This well presented family home comprised 4 bedrooms, 3 living areas and 2 bathrooms
This property is only 15 mins from Port Fairy and Warrnambool, and is conveniently located in the quaint village of Koroit. The township has access to essential services along with great cafes, restaurants, a large supermarket, shops and recreational activities for all ages. Nature walks and the delights of the Tower Hill Wildlife reserve are only a short drive away, as well as the enchanting shores of the Killarney swimming and fishing coastline
This well-maintained family home with double glazed windows throughout and a well-established garden offers flexible living options for family members to enjoy. There are 3 living areas and 4 bedrooms. Each living room reveals warmth and comfort, with a neutral earthy tone. The living rooms are carpeted, with electric wall heating and block out blinds and offer garden views. A highlight of this house is the upstairs living area, with breathtaking views of Tower Hill and the Southern Ocean - an ideal retreat after a busy day.
The master bedroom is complemented with a large bright bathroom (bath and shower) and walk in robe The remaining three bedrooms have built in robes, floor-to-ceiling windows and block out blinds with one of the bedrooms having a built-in desk. Close by is the classic family bathroom and laundry with generous storage space.
The light-filled open kitchen/dining area features large picture windows overlooking the deck and enclosed garden, allowing a delightful flow between indoor and outdoor living. The north facing verandah and deck further enhances outdoor living and entertainment. The kitchen includes a breakfast bar, dishwasher, electric oven, tall pantry and ample cabinetry.
This 2-acre property is sheltered by established trees and has fenced paddocks, water troughs, shelter sheds, and access to bore water with a recently installed new pump. This property allows endless flexibility to pursue outdoor hobbies, sustainable living or whatever captures your imagination to fulfill those long held dreams.
To add to this spectacular property, there is an extra large two-car lock up garage with remote doors and toilet and a 36,000-litre freshwater tank.
If you've been looking for a lifestyle property that offers so much more, contact Jeremy today to discuss.
Listing description written by Jeremy Gleeson, Gleeson Real Estate — reproduced as published, not verified by Districts.
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