There are 5 real estate agents servicing Koroit and surrounds. In 2014 they sold 16 properties. We have analysed all these Koroit agents and on request within 24 hours we will send you a free, up-to-date report on their performance, sales track record and what fees you should pay. View report contents
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Real Estate Agents Koroit – 2012/13 Performance
Koroit Real Estate Agents sold 16 houses over the last 12 months. On average these 16 Koroit houses took 111 days to sell and were sold at an average discount of -8% from their initial listing price.
The best Koroit Real Estate Agents sell properties considerably better than these average figures. We detail who these Koroit agents are in our free report.
Importantly it is the performance of the individual real estate agent rather than the agency used that matters. With over 5 agents operating in the Moyne – South council area servicing the Koroit market and 2 agencies, vendors should only use those Koroit agents who routinely deliver superior results for their clients. This is crucial to maximise their chances of securing the best possible price for their Koroit property.
With total house price growth of 32% over the last five years Koroit agents have had it reasonably easy selling into an appreciating market. Growth in Koroit houses over the last year has been below the five year annual growth rate, coming in at -4% (5yr average 6%).
Request your free report for the individual performance details of real estate agents in Koroit and the properties they have sold over the last couple of years.
With Koroit property transactions only occurring on average every 7 years, securing the best Koroit real estate agent to manage this infrequent transaction is crucial.
At the end of the day choosing the best Koroit real estate agent to sell your property can make years of difference to your personal financial situation.
Koroit is a small rural town in western Victoria, Australia a few kilometres north of the Princes Highway, 18 kilometres north-west of Warrnambool and 278 kilometres west of Melbourne. It is in the Shire of Moyne local government area located amidst rolling green pastures on the North rim of Tower Hill. At the 2011 census, Koroit had a population of 1,958. The town borrows its name from the Koroitch Gundidj people who occupied the area prior to European settlement. The town bears a name similar to the Kororoit Creek which flows west of Melbourne.
Prior to European settlement the Koroit area was a rich source of foods for the Koroitch Gundidj people, whose descendants retain special links with the area.
The first European knowledge of the area is the confirmed sighting of Tower Hill by French explorers sailing with Captain Nicolas Baudin aboard Le G
What became the Port Fairy railway was extended to the town in 1890, along with a branch to Hamilton, both being closed in 1977.
Koroit was originally part of the Shire of Belfast. In the latter part of the 19th century, the township of Koroit separated from the Shire of Belfast and formed the Borough of Koroit. In November 1870, after the proclamation of the Borough of Koroit on 7 October 1870, nine new councillors were elected from fourteen candidates. On 10 December 1870, the new Borough of Koroit elected its first mayor. In 1985, the Borough of Koroit merged with the Shire of Warrnambool and was incorporated into the Shire of Moyne in 1994.
The author Henry Handel Richardson lived in the Koroit Post Office as a child after her family moved to Koroit in 1878. Remembering Koroit from her youth, the third volume in her The Fortunes of Richard Mahony trilogy is set in the town. When the author was six, her father Walter died in Koroit on 1 August 1879 and was buried at the Koroit cemetery.
Tower Hill has always been a part of Koroit and in the town's earliest days the lake within the Tower Hill crater was the source of the town's drinking water. Tower Hill is an extinct volcano formed at least 30,000 years ago when a hot rising basaltic magma came into contact with the subterranean water table. The violent explosion that followed created the funnel-shaped crater and the islands seen today. It is one in a line of more than 30 volcanoes that stretch from Colac to the East to Mount Gambier in South Australia. Artefacts found in the volcanic ash layers show that Aborigines were living in the area at the time of the eruption. This area including Tower Hill is part of the UNESCO-endorsed Kanawinka Geopark.
Tower Hill has always been public land, initially reserved as an Acclimatization Zone in 1866 it was declared a State Forest in 1872. An Act of Parliament on 5 December 1892 declared Tower Hill to be a National Park, Victoria's first and one of the earliest in the World. With no additional funding, management of the Tower Hill National Park was vested with the Borough of Koroit. To ease the burden on ratepayers, the Borough was forced to collect royalties from quarrying of volcanic road-making material and grazing leases. At the end of the 19th century, Tower Hill was a shadow of its former glory with bracken being the dominant vegetation and rabbits the dominant wildlife species. In 1961, the Borough transferred Tower Hill to the State and in association with the Fisheries and Wildlife Department it became a State Game Reserve.
The vegetation of Tower Hill was originally a diverse collection of Manna Gum, Blackwood, Black Wattle, Swamp Gum and Drooping Sheoak. However, early settlers soon removed much of the vegetation. Since 1961, Tower Hill has been revegetated and is now home to koalas, kangaroos, emus and many bird species. A number of walks, picnic areas and public facilities are located within the Reserve.
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