2/218 Commercial Road
Koroit, 3282 VIC
House on a 660 m² block with 4m frontage.
Property Snapshot
House3 Bed2 Bath1 Off Street660 m² Land128 m² Internal4m Frontage
Investment Highlights
What makes 2/218 Commercial Road compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
660 m²
Frontage
4m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Renovate upside — modest 128 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 4.2km to bus, 15km to train station and 12km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
2
Parking
1 off-street
Internal Area
128 m²
Ownership & Value
Last Sold$605k
Sold DateMar 2026
Land Value—
RPD2\PS705409
Planning & Site
Property TypeUnknown
AccessSingle Access
Height Limit—
Max Storeys—
Residential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
3 Bed Median
$598k
Growth Since 2026
—
Price Estimate
—Low
$605k
—High
VeryHigh Confidence
—
Since last sold — $605,000 — March 2026
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$600
3 Bed Yield
5.2%
Vacancy
2.4%
Rentals Last 12M
0
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: Aboriginal Cultural Heritage Sensitivity. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 2/218 Commercial Road.
Train Station
15km
Bus Stop
4.2km
Schools
12km
Road Type
secondary
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
1.4%Train Station
15kmBus Stop
4.2kmCentre Zone
523mRoad Type
secondary (Medium Noise)School Catchment
12kmKoroit Snapshot
Broader suburb metrics that support the local story.
Population
2,184
Owner Occupiers
79%
Social Housing
1.4%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on Market
Explore Koroit in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
