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Housing

Koroit

Victoria · Census 2021

$595k-0.8% yrmedian house · Dec 2025

Koroit is a leafy residential suburb of Moyne.

Median house price
$595k24th pctile
of 766 priced VIC suburbs
Household income
$1,466/wk43rd pctile
of 2,844 VIC suburbs
Amenity score
23/10062nd pctile
of 1,338 rated VIC suburbs
Estimate repayments for this suburb →

Median house price

Rolling median of settled transfers, state Valuer-General open data (CC BY 4.0). Median of Victoria suburb medians: $765k.

How it compares

Median house price24th percentile
<$210k766 priced suburbs$2.9M+
Household income / wk43rd percentile
<$599ABS Census 2021$3,249+
Median house price-30% vs Greater Melbourne · -5% vs Rest of Vic.
MelbourneRest of state
Greater Melbourne $850k · Rest of Vic. $625kKoroit $595k
Household income / wk
VIC · AU

Percentiles rank this suburb against Victoria suburbs that carry the metric — never across states, and never against suburbs where it is missing. Price references are ABS median established-house transfer prices for the Mar 2026 quarter (CC BY 4.0); the suburb figure is a Valuer-General median over a different window, so read the gap as indicative. Income references are the Census 2021 median of the middle suburb in Victoria and nationally, not a household-weighted median.

People & housing

Population
2,184
Median age
41 yrs
Income / person / wk
$746
Household income / wk
$1,466
▼ 7% vs VIC
Median rent / wk
$280
Mortgage / month
$1,400

Who lives here

Couples with children
31%
−1 pts vs VIC
Living alone
23%
−3 pts vs VIC
Unemployment
1%
−4 pts vs VIC
In the labour force
62%
level with VIC
Bachelor degree or higher
17%
−12 pts vs VIC
Earning $1–$499 a week
25%
+2 pts vs VIC
Earning $2,000+ a week
6%
−6 pts vs VIC

Households for the family mix, residents aged 15+ for work, education and income; unemployment is a share of the labour force. VIC figures weight each suburb by its dwellings or residents. ABS Census 2021 (CC BY 4.0). Withheld for very small populations — under 100 residents, or under 50 dwellings, households or workers for the shares that count those.

Housing stock

830 occupied private dwellings

Dwelling type
  • Separate house 96%
  • Flat or apartment 0%
  • Semi, terrace & other 4%

VIC: 73% separate houses · 12% flats & apartments

Tenure
  • Owned outright 40%
  • Mortgaged 39%
  • Rented 17%
  • Other & not stated 4%

VIC: 32% owned outright · 36% mortgaged · 29% rented

ABS Census 2021 (CC BY 4.0). Withheld for very small populations — under 100 residents, or under 50 dwellings, households or workers for the shares that count those.

Socio-economic profile

IRSAD

Relative Socio-economic Advantage and Disadvantage

Score 968

Measures relative socio-economic advantage and disadvantage.

Within AustraliaDecile 4 of 10
Within VictoriaDecile 3 of 10

IRSD

Relative Socio-economic Disadvantage

Score 1,023

Measures relative socio-economic disadvantage only; a higher score means less disadvantage.

Within AustraliaDecile 6 of 10
Within VictoriaDecile 5 of 10

IER

Economic Resources

Score 1,024

Measures access to economic resources, including income, housing costs and assets.

Within AustraliaDecile 5 of 10
Within VictoriaDecile 5 of 10

IEO

Education and Occupation

Score 947

Measures relative education and occupation characteristics.

Within AustraliaDecile 4 of 10
Within VictoriaDecile 2 of 10

Scores are standardised across Australia to a mean of 1,000 and a standard deviation of 100. Deciles run from 1 (most disadvantaged) to 10 (least disadvantaged).

Source: ABS SEIFA 2021 (CC BY 4.0).

Terrain & hazard exposure

Median elevation
78 m
range 36–108 m
Land below 5 m
0%
0% below 2 m

Shares are the proportion of the suburb's land area. Land where Landsat saw water in at least 1% of clear passes since 1987, excluding permanent water and filtered by DEA's confidence layer. Satellites miss flood peaks, so this is a floor, not a risk estimate; dense high-rise cores can still register tower shadow as water. A statutory planning-control boundary, not a flood extent, and it can lag the latest flood study. Designated for development control; a designation, not a prediction of fire behaviour. The Building Regulations' Designated Bushfire Prone Area, the like-for-like of NSW Bush Fire Prone Land; the narrower Bushfire Management Overlay is a separate planning control. Elevation is orthometric height from a 30 m model; no hydrology or drainage is modelled.

Planning & zoning

Zoning mix (share of the suburb's land)
Show on map →
  • Rural93%
  • General / medium / high-density residential3.4%
  • Infrastructure & special purpose2.5%
  • Industrial & employment0.5%
  • Open space & recreation0.3%
  • Centres & mixed use0.2%
  • Conservation<0.1%

Planning instrument: Moyne Planning Scheme. Zones are grouped into ten families so states compare; the council's own scheme is the authority for any one lot. Source: Vicmap Planning zones; Vicmap Heritage Overlay.

Local amenities

Schools
2
Supermarkets
1
Pubs & bars
1
Parks
3
Libraries
0
GP clinics
2
Pharmacies
1
Hospitals
0
Nearest supermarket
2.1 km
Nearest train
15.3 km
Nearest hospital
14.3 km
Distance to coast
8.4 km

Grocery mix: 1 IGA. Amenity counts via © OpenStreetMap contributors (ODbL) & Geoscience Australia HealthDirect (CC BY 4.0). Distance to coast derived from ABS state boundaries (CC BY 4.0).

Culture & community

Dominant religion
No religion · 44%
Top language at home
Malayalam · 0%
No religion
44%
Born overseas
7%
English only at home
98%

Schools by sector

Government / Catholic / Indep.
1 / 1 / 0
Primary / Secondary
2 / 0
Nearest secondary
12.1 km

School sector & type: ACARA (Australian Curriculum, Assessment and Reporting Authority), School Location dataset.

Local council

Council (LGA)
Moyne
Population
17,760 (2025) · +0.5% in a year
Area / density
5,482 km² · 3/km²
Council medians (2021)
age 45 · $1,530/wk household income · $250/wk rent
Council-wide house median (2023-24)
$600k
Federal grants
$11.56M in 2025-26 · $651/resident
Avg rates / property
$1,613
Operating result
-3.9%
Asset renewal
156%

Council boundaries and the suburb split: ABS ASGS LGA 2024, allocated by 2021 mesh block and weighted by Census 2021 residents. Population: ABS Estimated Resident Population 2025. Medians: ABS Census 2021. House median: ABS Data by Region, established-house transfers across the whole council, financial year 2023-24. Federal grants: Financial Assistance Grants, Dept of Infrastructure. Financials: VIC Local Government Performance Reporting 2024-25, Local Government Victoria. ABS, Dept of Infrastructure and Local Government Victoria data CC BY 4.0; council website from Wikidata (CC0).

Representation

Federal division
Wannon
Federal MP
Dan Tehan (LP)
Two-party-preferred
Coalition 61% 2PP
State electorate
South-West Coast
State MP
Roma Britnell (LIB)

Sources: ABS ASGS boundaries (CC BY 4.0); ABS Census 2021 (CC BY 4.0); Victoria Valuer-General settled transfers (CC BY 4.0); ACARA School Locations (CC BY 4.0); © OpenStreetMap contributors (ODbL); Australian Electoral Commission (CC BY 4.0); Geoscience Australia 1 Second DEM-S (CC BY 4.0); DEA Water Observations Statistics, Geoscience Australia (CC BY 4.0); Vicmap Planning overlays, Department of Transport and Planning Victoria (CC BY 4.0); Designated Bushfire Prone Area, Department of Transport and Planning Victoria (CC BY 4.0); Vicmap Planning — Planning Scheme Zones, Department of Transport and Planning Victoria (CC BY 4.0); Vicmap Planning — Heritage Overlay, Department of Transport and Planning Victoria (CC BY 4.0); Wikipedia state-member tables (CC BY-SA 4.0). Not financial advice.