Koroit has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 25.65% to date .
If we look at median property appreciation over just the last three months, Koroit has given property investors a paper return of 10.77%. This puts Suburb as 29 on a list of fastest fasting appreciating suburbs in VIC
Our latest figures would indicate that property sellers in Koroit are currently offering property investors an average price cut of -4.30% below the asking price at the moment.
At number 2849 in a list of fastest selling suburbs, Koroit is in the bottom 30% of suburbs in Australia with an average of days on market 97.42 for properties listed there.
With the median price for a house in Koroit being $360000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 4.19%