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Korobeit, VIC 3341

Property data updated July 202675 residents

Last 12 months snapshot

0 sales · 1 lease · Small sample · Refreshed July 2026

Korobeit, VIC 3341 — a quiet year

In the last 12 months, Korobeit, VIC 3341 saw one house rented — too small a sample to describe a suburb-wide figure.

For a fuller picture of Korobeit, the resident profile below is drawn from the most recent Census.

House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.

Census · ABS 2021

Korobeit demographics & population

Population

Median age

53yrs

Avg household

2.7people

Male · Female

57% · 43%

Owner-occupied

Renting

Lone person

Couples, no kids

Born overseas

Year 12+ⓘ

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

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Census · ABS 2021

Who lives in Korobeit?

The age structure, household make-up, and cultural fabric of the people who call this suburb home.

Age & sex47 residentsMaleFemale

Share of all residents by 5-year band · hover a band for the count + split

Life stage

50%

Children0–1450%Youth15–2450%Young adults25–3450%Midlife35–5450%Mature55–6450%Seniors65+50%

Household composition

50%

Lone person50%Couples, no kids50%Families with kids50%Other families50%Group / share50%

2.0 people / household0.6 persons / bedroom50% are 5+ person

Household sizepersons per dwelling

50%1

50%2

50%3

50%4

50%5

50%6+

Cultural make-upshare of residents · diversity = odds two differ

Born overseas50%

Other language at home50%

Limited English50%

Both parents overseas50%

Australian citizens50%

Birthplace diversity5%

Chance two random residents were born in different countries

Language diversity3%

Chance two random residents speak different languages at home

Religious diversity22%

Chance two random residents follow different religions

Where residents were borntop birthplaces

Afghanistan50%

Australia50%

Bangladesh50%

Bosnia & Herzegovina50%

Brazil50%

Cambodia50%

Canada50%

Chile50%

Languages at hometop languages

English only50%

Afrikaans50%

Arabic50%

Australian Indigenous50%

Cantonese50%

Mandarin50%

Other Chinese50%

Croatian50%

Ancestry% reporting · multi-response

Australian50%

Aboriginal/Torres Strait Islander50%

Chinese50%

Croatian50%

Dutch50%

English50%

Faith & belieftap Christianity

No religion50%

Christianity50%

Islam50%

Buddhism50%

Hinduism50%

Judaism50%

Other religions50%

Family originsparents’ birthplace

50%

Both parents overseas50%One parent overseas50%Both parents in Australia50%

A strongly multicultural community with deep migrant heritage.

When migrants arrivedshare of overseas-born

Arrival timeline not available yet.

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

Census · ABS 2021

Housing & affordability in Korobeit

What it costs to live here, who owns versus rents, and the shape of the housing stock.

Affordability at a glance

LowMedianHighPercentile

Median weekly rent—

Median monthly mortgage—

Rent stress (rent ÷ income)—

Mortgage stress (repay ÷ income)—

High mortgage (≥$3k/mo)—

Social housing—

Unoccupied on census night—

Large dwellings (4+ bed)—

This suburb Typical range (middle 50%) Median suburb

Bedrooms per dwellingshare of dwellings

50%0

50%1

50%2

50%3

50%4

50%5

50%6+

Who owns vs rentsoccupied dwellings

50%

Owned outright50%Mortgage50%Renting50%Other50%

What’s built heredwelling types

100%

House100%Townhouse50%Apartment50%Other50%

100% separate houses50% apartments50% high-rise

Census · ABS 2021

Income & employment in Korobeit

Incomes, employment, and the occupation mix of the people who live here.

Income & work at a glance

LowMedianHighPercentile

Median personal income—

Median family income—

Managers & professionals—

High earners (≥$2k/wk)—

This suburb Typical range (middle 50%) Median suburb

Occupations

LowMedianHighPercentile

Managers & professionals—

Clerical & admin—

Community & personal service—

Sales workers—

Technicians, trades & labourers—

Household incomeheight = share of households · weekly

Personal incomeheight = share of residents 15+ · weekly

A typical household pulls in about 2.6× the typical individual — a multi-earner area.

Labour forceemployment status · residents 15+

50%

Employed full-time50%Employed part-time50%Employed (away/other)50%Unemployed50%Not in labour force50%

LowMedianHighPercentile

Full-time workers—

Part-time workers—

Unemployment rate—

Not in labour force—

Labour-force participation—

This suburb Typical range (middle 50%) Median suburb

Census · ABS 2021

Getting around Korobeit

How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.

Transport at a glance

LowMedianHighPercentile

Public transport to work—

Walked or cycled to work—

Worked from home—

No motor vehicle—

Vehicles per dwelling—

This suburb Typical range (middle 50%) Median suburb

Journey to workamong commuters · top modes

Car (driver)50%

Car (passenger)50%

Train50%

Bus50%

Tram/light rail50%

Ferry50%

Walked50%

Vehicles per dwellingshare of households

50%0

50%1

50%2

50%3

50%4+

Education · ACARA My School 2025

Schools in and around Korobeit

No school inside Korobeit itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.

Within Korobeit0schools in the suburb itself

Primary schools0within 5 km · nearest 9.6 km

Secondary schools0within 5 km · nearest 9.6 km

What is ICSEA Rank?

ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.

Nearby within0 schools

No schools within 5 km — widen the radius.

Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.

School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.

Census · ABS 2021

Turnover

How settled or transient the community is — and where newcomers came from.

Settledness at a glance

LowMedianHighPercentile

Settled 5+ years—

Moved in past year—

Arrived from overseas (5 yr)—

This suburb Typical range (middle 50%) Median suburb

Where residents lived 5 years agoof those who stated

50%

Same address50%Moved within area50%From elsewhere in Australia50%From overseas50%

Residential paceshare of residents

Moved in the past year50%

Moved in the past 5 years50%

Arrived from overseas (5 yr)50%

Property market

Market snapshot

Korobeit median house price & rent

Headline price, rent, yield and time on market for Korobeit — choose a property type and size below.

Active segment

Houses

Units

Median priceⓘLast 12 months

—

Days on marketⓘLast 12 months

—

SoldⓘLast 12 months

—

Months of supplyⓘLast 12 months

—

Median rentⓘLast 12 months

$290/w

Days to leaseⓘLast 12 months

LeasedⓘLast 12 months

Gross yieldⓘLast 12 months

—

Data confidenceSales sample0Too thinLease sample0Too thinThin samples can swing month-to-month — treat single-figure deltas with care.

Segment breakdown

House & unit prices by bedroom

Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.

Demand percentile 0–100 · last 12 months12-mo change

Segment

Sold

Price

DOM

Leased

Rent

DOM

Yield

SalesRent

Houses · 3 bed0 sales · 0 leases

—

Houses · 2 bed0 sales · 0 leases

—

Houses · 4 bed0 sales · 0 leases

—

Units · 1 bed0 sales · 0 leases

—

Units · 2 bed0 sales · 0 leases

—

Units · 3 bed0 sales · 0 leases

—

All houses

—

All units

—

Where each segment ranks

Korobeit property growth

Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.

Metric

Ranked against

Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.

Houses

0/4above median

02550 · MEDIAN75100

Percentile vs VIC

Value

Units

0/4above median

02550 · MEDIAN75100

Percentile vs VIC

Value

Market data

How strong is demand, and which way is it heading?

Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.

Side

View

Property

Bedrooms

Radius

Compared against

Sales market velocity

1 nearby suburb · 10km · Total house · sales

rising

DOM change YoYis demand rising or falling?

falling

median

Recoveryweak but rising

Boomstrong and rising

Troughweak and falling

Peakstrong but easing

Nearby suburb

Demand index

29 / 100vs VIC

Days on market

28 days▼ −10 days YoY

Median price

$540k▲ +3.5% YoY

Sold (last year)

12▲ +26.8% YoY

weakSales market velocityhow strong sales demand isstrong

Neighbouring suburbs · coloured by market phaseHover a point for its figures

Sales market velocity

How strong is sales demand — and is it rising or falling?

What this shows

Each dot is one of this suburb's property segments on the sales side. Left-right shows how strong sales demand is — combining how many properties sold in the last 12 months with how quickly they sold (median days on market). Top-bottom shows whether that demand is rising or falling compared to 12 months ago.

The two axes

Sales market velocityX axis

how strong sales demand is

A composite of 12-month sales volume and median days on market. Higher means more sales completed faster — stronger sales demand right now.

Days on market change (Year-on-year)Y axis

is demand rising or falling?

How much faster (or slower) sales are completing compared to 12 months ago. Top half means sales are completing faster than a year ago (demand growing).

Market data

Korobeit against the neighbourhood

Eight diagnostic views cutting the data a different way each time — Korobeit in blue, peers in colour.

Pair

View

Property

Bedrooms

Radius

How fast — and is it getting faster?

1 peer suburb · 10km · Total house

faster

DOM change YoYvs 12 months ago

slower

median

Recoveringquiet but accelerating

Boomingbusy and accelerating

Stalledquiet and slowing further

Coolingbusy but slowing

Nearby suburb

Demand index

0 / 100vs Australia

Days on market

78 days—

Median price

—▲ +31.0% YoY

Sold (last year)

—▲ +133.0% YoY

Gross yield

7.00%

Korobeit · this suburb

Demand index

1 / 100vs Australia

Days on market

122 days—

Median price

—▲ +35.0% YoY

Sold (last year)

—▲ +162.0% YoY

Gross yield

6.00%

slowDays on marketmedian days to sellfast

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

How much is available right now?

Housing supply & months of stock

How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.

View

Hide thin-sample rows

Sales market

Segment	Band	Months of supply left	YoY	Listed	Sold	Per month

median

Rental market

Segment	Band	Months of supply left	YoY	Listed	Leased	Per month

median

Severe

Very Tight

Tight

Balanced

Loose

Very Loose

Saturated

Under-suppliedOver-supplied

Market data

Who's transacting — buyers or tenants?

Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.

Property

Korobeit — Units & Houses, all bedrooms

Jan 2022 – Jun 2026 · each point = a 12-month window

Sales · buyer transactions

Leases · tenant transactions

Five-year arc

Korobeit median house price & rent history

Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.

Property

Bedrooms

Median price (trailing year)

May 2026

$660k-4.0%

5y median $665kvs last year $687k

Total sales (trailing year)

May 2026

1+Infinity%

5y median 1vs last year 0

Days on market

No data

Median rent (trailing year)

Jun 2026

$398/wk+27.6%

5y median $330/wkvs last year $312/wk

Total leases (trailing year)

Jun 2026

1+0.0%

5y median 1vs last year 1

Days on market (rental) (trailing year)

Jun 2026

5 days-2

5y median 6 daysvs last year 7 days

Gross yield (trailing year)

Mar 2026

1.75%+0.29 pt

5y median 1.70%vs last year 1.46%

Months of supply

May 2026

0.0 monthsNaN%

5y median 0.0 monthsvs last year 0.0 months

Months of supply (rental)

Jun 2026

0.0 monthsNaN%

5y median 0.0 monthsvs last year 0.0 months

Nearby markets

Suburbs near Korobeit: prices compared

The nearest suburbs to Korobeit, ranked by distance — each lined up against Korobeit on the same measures, so the differences jump out at a glance.

Market

Property

Bedrooms

Radius

Colour by

This marketKorobeitVIC 3341 · Houses · Total

Price—

DOM—

Sold—

4 markets within 5kmLast 12 months

MyrniongVIC 33412.0kmHouses · Total

Price$834k

DOM126 days

Sold1

GreendaleVIC 33413.9kmHouses · Total

Price$584k

DOM28 days

Sold6

Pentland HillsVIC 33415.0kmHouses · Total

Price$414k

DOM71 days

Sold1

Dales CreekVIC 33415.0kmHouses · Total

Price$540k

DOM28 days

Sold12

Stat colourHow each suburb's stat compares to Korobeit

Much lowerLowerSimilarHigherMuch higher

Market data

Frequently asked · Korobeit

10 data-driven answers about Korobeit's property market — every one computed from the metrics above.

What things cost

Prices, rent, yield, ownership cost

How much does it cost to rent in Korobeit?

The median weekly house rent in Korobeit is $290 as of June 2026. Current vacancy pressure is shown in the supply section above.

How much is rent for a 3 bedroom house in Korobeit?

A 3 bedroom house in Korobeit rents for a median $290 per week as of June 2026. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.

About the area

Population, income, who lives here, schools

What postcode is Korobeit in?

Korobeit is in postcode 3341, in the Ballarat region of VIC. Addresses there are written as Korobeit, VIC 3341.

What is the population of Korobeit?

Korobeit, VIC 3341 is home to 47 residents (ABS Census 2021). The median resident age is 39, and the average household holds 2.0 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.

What is the median household income in Korobeit?

The median household in Korobeit earns $2k per week — roughly $116k a year (ABS Census 2021). Median personal income runs $861/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.

What is the unemployment rate in Korobeit?

The unemployment rate in Korobeit is 50.0% (ABS Census 2021). The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.

Do people own or rent in Korobeit?

Korobeit is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.

What schools are near Korobeit?

Korobeit has 10 schools within reach — including Myrniong Primary School, Ballan Primary School, St Brigid's School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).

Is Korobeit a good place to live?

Korobeit, VIC 3341 has a population of 47, a median age of 39, a median household income around $2k/week, 50% of households renting (ABS Census 2021). There are 10 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.

About this data

Methodology and update cadence

When was this Korobeit market data last updated?

This Korobeit market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.