Suburb Profile Report for Koroit VIC (3282)

Koroit House: Median price $327,875, Annual capital growth 4.95%, Number of sales 32, Weekly median advertised rent $290

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Koroit has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 17.52% to date .

Over the longer term, Koroit has seen property prices show investors a 21.44% return over the last 3 years. This is worse than over the last 12 months

At number 140th of VIC’s most discounted properties, Koroit is in the bottom 30% of the state/territory when listing in order of most discounted to least.

HOUSE UNIT
$327,875 N/A
4.09% N/A
17.52% N/A
4.95% N/A
$290 N/A
32 N/A
4.60% N/A
94.4 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 1957
Median household income ($/weekly) 1086
Median age of persons 40
Median housing loan repayment ($/monthly) 1300
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 279 14.3
    25-34 years 186 9.5
    35-44 years 265 13.5
    45-54 years 303 15.5
    55-64 years 260 13.3
    Others 664 33.9
    Age Group
    Census Count Percent(%)
    Registered Married 779 54.9
    Not Married 488 34.4
    Defacto Relationship 152 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1765 94.0
    New Zealand 10 0.5
    Papua New Guinea 17 0.9
    Philippines 7 0.4
    United Kingdom 51 2.7
    Others 28 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1416 77.3
    No Religion 400 21.8
    Buddhism 12 0.7
    Other Religious Groups 3 0.2
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 85 13.1
    $600-$799 71 11.0
    $1,000-$1,249 79 12.2
    $1,500-$1,999 80 12.3
    $2,000-$2,499 66 10.2
    Others 267 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 539 36.0
    Not in the labour force 484 32.4
    Employed, worked part-time 371 24.8
    Employed, away from work 56 3.7
    Unemployed, looking for work 46 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 127 13.1
    Professionals 154 15.9
    Technicians & trades workers 149 15.4
    Clerical & administrative workers 105 10.9
    Labourers 143 14.8
    Others 289 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 38 8.3
    Infants/Primary 170 37.0
    Secondary 152 33.0
    Technical or Further Educational Institution 42 9.1
    University or other Tertiary Institutions 46 10.0
    Others 12 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1789 97.2
    Semi-detached, row or terrace house, townhouse 33 1.8
    House or flat attached to a shop, office 12 0.7
    Flat, unit or apartment 3 0.2
    Caravan, cabin, houseboat 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 288 41.2
    Fully owned 275 39.3
    Rented 131 18.7
    Other tenure type 5 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals