Koroit VIC 3282

Here you can find what you need to know about Koroit, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$532K Median Sale Price (National Average $485k) 590th In VIC
-2.92% Median Sale Price Change (1yr) (National Average 4.30%) 2457th In VIC
$460pw Median Rent (National Average $395) 422nd In VIC
4.5% Median Gross Yield (National Average 4.24%) 67th In VIC
Properties sold 21
Average discounting -5.30%
Average Days on Market 52
Stock on Market 7 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
Upgrade to Premium to view Investment Strategy Scores for every available property and suburb in Australia
Upgrade to Premium to view pros & cons and Investment Strategy Scores for every available property and suburb in Australia
How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Koroit, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Koroit, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Koroit, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Koroit


Loading

State Auction Clearance Rates


Loading

Local Schools


Loading

Suburb Information

Koroit, VIC 3282

Part of: Moyne Council No data available

The size of Koroit is approximately 42 square kilometres. It has 2 parks covering nearly 0.6% of total area. The population of Koroit in 2011 was 1,957 people. By 2016 the population was 2,043 showing a population growth of 4.4% in the area during that time. The predominant age group in Koroit is 50-59 years. Households in Koroit are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Koroit work in a trades occupation. In 2011, 78% of the homes in Koroit were owner-occupied compared with 77.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Koroit

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Koroit   for Houses in last 12 months


There have been 21 Houses sold in Koroit in the past 12 months with a median sale price of $532K, down 2.9% annually. It takes on average 34 days to sell with vendor discounting of -5.3%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Korora NSW, 2450 22.42% $1,187,500 $725pw 3.2% View Suburb Profile
Tully QLD, 4854 12% $280,000 $318pw 5.9% View Suburb Profile
Newmarket QLD, 4051 24.24% $1,553,000 $710pw 2.4% View Suburb Profile
Warrnambool VIC, 3280 -0.83% $593,000 $500pw 4.4% View Suburb Profile
Bonnyrigg NSW, 2177 -1.21% $900,000 $640pw 3.7% View Suburb Profile
Noorat VIC, 3265 Unavailable Unavailable Unavailable Unavailable View Suburb Profile