Koroit

Koroit has a population of 2184 residents with a diverse age distribution. The suburb offers a range of commuting options, with a notable percentage of residents working from home. Top occupations include Professionals, Managers, and Technicians/Tradesworkers. The suburb has a low social housing ratio and a moderate ICSEA value for government schools. For house buyers, Koroit presents a balanced market with steady growth rates and a reasonable median price range. The suburb has a good yield and rental demand but a slightly high vacancy rate. The unit market is smaller with fewer sales but shows potential for growth with increasing median prices over the years. Koroit, VIC 3282, offers a peaceful lifestyle with a strong sense of community. It is a suitable choice for homebuyers looking for affordable options with growth potential. Investors should consider the steady growth rates, good rental demand, and proximity to essential amenities when evaluating opportunities in the housing market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022