1 Spring Street
Koroit, 3282 VIC
House on a 770 m² block with 18m frontage.
Property Snapshot
House3 Bed2 Bath4 Off Street770 m² Land153 m² Internal18m Frontage
Investment Highlights
What makes 1 Spring Street compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
770 m²
Frontage
18m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Renovate upside — modest 153 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 3.8km to bus, 14km to train station and 11km 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
4 off-street
Internal Area
153 m²
Ownership & Value
Last Sold$600k
Sold DateDec 2025
Land Value—
RPD5\LP143825
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
3 Bed Median
$598k
Growth Since 2025
+$3k
Price Estimate
$512kLow
$603k
$693kHigh
VeryHigh Confidence
+$3k (+0.4%)
Since last sold — $600,000 — December 2025
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: BPA - Bushfire Prone Area. Heritage: Aboriginal Cultural Heritage Sensitivity. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 1 Spring Street.
Train Station
14km
Bus Stop
3.8km
Schools
11km
Road Type
residential
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
14kmBus Stop
3.8kmCentre Zone
310mRoad Type
residential (Low Noise)School Catchment
11kmKoroit 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
