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Lots/4 5 & 16 Penshurst - Warrnambool Road, Koroit$420,000
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Lots/4 5 & 16 Penshurst - Warrnambool Road

Koroit, VIC 3282, Australia
$420,000
2.27 ha

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About this property

This little piece of wholesome paradise presents with many opportunities, including building your dream home (STCA), creating your very own market farm, or running a herd of small livestock. The land is close to the Rail Trail that runs from Warrnambool, via Koroit to Port Fairy. It's time to make your dreams a reality!!

Property Details

Property Type
land
Listing Type
For Sale
Land Area
2.27 ha
Listed
3 months ago

Repayment calculator

$2,036/month
$1,018 /fortnight
Loan $336,000 at 6.10% over 30 years

Upfront costs

Deposit$84,000
Stamp duty$20,270
Conveyancing (est.)$2,000
Total upfront$106,270
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 38% below the $675,000 median of 43 comparable landswithin 5 km.

Schools near Koroit

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

What's nearby

  • Unnamed (bus)486 m away
  • AKC Kitchens462 m away
  • Unnamed476 m away
  • Unnamed895 m away
  • Victoria Park1.1 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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