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183 Princes Highway, Corio VIC 3214

$495,000 - $544,000

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$495k - $520k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 1034 m²

Listed: 10th Aug 2026

Updated: yesterday

Overview

This property offers a substantial 1,034 square meter land parcel fronting the bustling Princes Highway in Corio, providing a unique opportunity for a range of uses including residential development, subdivision, or potential commercial adaptation subject to council approval.

Set on a large block, this home benefits those seeking versatility and growth potential. The existing residence includes three generously proportioned bedrooms complemented by timber flooring, enhancing character and warmth throughout the living spaces. The front lounge is equipped with split-system heating and cooling, ensuring comfort year-round.

The central bathroom and spacious kitchen facilitate day-to-day living, with scope for renovation or extension to suit personal taste and lifestyle requirements. Beyond the residence, the site is ideal for multigenerational living by adding a granny flat or for those looking to develop additional dwellings, capitalizing on the sizeable allotment and its strategic location.

Its prime position on a main arterial road offers exposure and accessibility, well serviced by public transport, and is proximal to amenities such as Corio Village shopping centre, Norlane Aquatic Recreation Centre, and adjacent parklands, making it attractive to investors, developers, and owner-occupiers alike.

With some creativity and effort, this home presents a rare prospect to add value and tailor the property to various future uses, balancing lifestyle, investment, and potential commercial pursuits in a location ripe for development.

Local Market Insights

In Corio, Quiet Listings observed 46 new houses entering the market over the last 30 days, up from 31 during the previous 30-day period, with an average advertised asking price of $568,041. The property type mix of listed properties is predominantly Houses at 90%, followed by units (4%), and commercial properties (4%). The most active agency for houses in the Corio area is currently Area Specialist, representing 28% of new listings, followed by Harcourts with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History

$495,000 - $544,000 19 days ago
$540,000 - $560,000 1 month ago
$570,000 - $610,000 10th Aug 2026

Open for Inspections

Upcoming inspection times scheduled in the next 14 days.

Saturday, 24 October 2026

10:10 PM - 10:30 PM AEDT

This property has had 9 previous open for inspections. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.