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15 Lake Street, Koroit$520,000
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15 Lake Street

Koroit, VIC 3282, Australia
$520,000
4569 m²

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About this property

Set in the popular township of Koroit, just down from Lake View Road and Tower Hill Reserve, with farming land across the road offering a great rural outlook, is this 4569 square-metre block of prime Residential-zoned land. Perfect to build your dream home on over an acre in town, or alternatively a fantastic opportunity to further subdivide now or in the future into 2 or more blocks (STCA). Also available at this stage is the opportunity to purchase the similar sized block adjacent to it, along with another 1286 square-metre block nextdoor, to create a larger residential subdivision development opportunity - we have available a sample 13-lot plan drawn for this - contact us for more information. Disclaimer: For Statement of Information & Due Diligence please head to our website at www.wilsonswarrnambool.com.au. All measurements & boundary indications are correct to the best of our knowledge, as provided by property owners and external websites. Please complete due diligence to confirm.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
4569 m²
Listed
1 month ago

Repayment calculator

$2,521/month
$1,260 /fortnight
Loan $416,000 at 6.10% over 30 years

Upfront costs

Deposit$104,000
Stamp duty$26,270
Conveyancing (est.)$2,000
Total upfront$132,270
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Koroit

This land in Koroit, VIC 3282 sits within reach of public transport, local shops and nearby schools. It is listed 10% below the $580,000 median of 40 comparable landswithin 5 km.

Schools near Koroit

  • Koroit And District Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed (bus)1.9 km away
  • Murray Goulburn Farm and Hardware Supplies1.7 km away
  • Victoria Park1.2 km away
  • Unnamed2.0 km away
  • Unnamed2.2 km away

Koroit at a glance

Full suburb profile
Population
2,184
Median age
41
Household income
$1,466/wk
Median rent
$280/wk
Median mortgage
$1,400/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Koroit price trend

Median sold · House 3 bed

Compound growth +5.8% / yr over 4 yrs

$605kcurrent median

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