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581 Corangamite Lake Road

Cororooke, VIC 3254, Australia
$575,000
6 bed 3 bath1486m²

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Area Price Guide
$540,500$609,500

Indicative price guide range

🏘️
5
Comparable
📊
$680,000
Area median
⚖️
-15%
vs median
📐
$387
Per m²
📏
1486 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Positioned on a generous 1,487sqm allotment in the sought-after Cororooke community, this ranch-style property offers exceptional flexibility for families or investors. With a traditional front veranda and modern design, it combines country charm with practical living. Built in 2018, the main Colorbond home features an open-plan living area with a pitched ceiling and timber-look flooring, creating a warm and inviting feel. The kitchen is equipped with electric cooking, including dual wall ovens, and a split system ensures year-round comfort. The main residence includes three bedrooms, with the master suite offering a walk-in robe and ensuite. A central bathroom services the remaining bedrooms, and a second living area opens to a fully enclosed outdoor entertaining spaceperfect for gatherings or relaxing in privacy. Separate Three-Bedroom Unit for Extended Living or Income Potential Adjacent to the main home, the fully self-contained unit provides three bedrooms or two with an office space, a kitchenette, meals and living area and a bathroom. This versatile addition is ideal for multi-generational living or generating income through permanent or short-term rental. The property is fully fenced and includes a 22,500-litre water tank, town water connection, and a 30ft shipping container for extra storage. Cororooke is a thriving community with a vibrant arts scene, local theatre, Restaurant, and convenient amenities including a corner store and school bus pick-up route. Located just 10 minutes from Colac and approximately 25 minutes from Camperdown, this property offers the perfect balance of rural lifestyle and easy access to regional hubs. *All information about the property has been provided to Richardson Real Estate by third parties. Richardson Real Estate has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

Property Features

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    Repayment calculator

    $2,788/month
    $1,394 /fortnight
    Loan $460,000 at 6.10% over 30 years

    Upfront costs

    Deposit$115,000
    Stamp duty$29,570
    Conveyancing (est.)$2,000
    Total upfront$146,570
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    6
    Bathrooms
    3
    Land Area
    1486m²
    Listed
    2 months ago

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