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Overview
Situated in a well-connected and convenient pocket of Corio, this solid brick residence offers an appealing opportunity for first home buyers, investors, and those keen to enhance a property with added value. Positioned on a generous 596 square meter block, the home provides ample space and potential in a stable market location.
The three-bedroom, single bathroom layout, complemented by secure two-car parking, provides comfortable and practical living arrangements. This setup accommodates families or investors looking for a reliable rental property with scope for personalisation and improvement.
Locational advantages include proximity to Corio Shopping Centre, schools, public transport, and various local amenities, ensuring lifestyle convenience and connectivity. This is a notable feature for residents prioritising access to essential services and transport options.
Currently leased on a periodic tenancy at $400 per week, the property presents an immediate income stream, appealing to investors seeking an income-producing asset with future growth potential.
- Solid brick construction offering durability and ease of maintenance.
- Spacious 596m² land parcel providing opportunities for renovation, landscaping, or extension.
- Convenient local amenities within walking distance supporting everyday living needs.
- Secure two-car accommodation enhancing functionality and appeal.
- Income-generating potential through existing lease arrangement.
This home is ideal for buyers wanting to secure a spacious and well-located property with solid bones and the potential for creative enhancement. Whether for personal residence or investment, it offers a foundation with promising prospects in Corio.
Local Market Insights
In Corio, Quiet Listings observed 39 new houses entering the market over the last 30 days, down from 63 during the previous 30-day period, with an average advertised asking price of $563,436. The property type mix of listed properties is predominantly Houses at 74%, followed by units (11%), and commercial properties (11%). Area Specialist was the most active agency in this area, representing 38.5% of all new listings in the last 30 days. 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.
Location
Corio VIC 3214
Market Insights for Corio VIC 3214
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