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28 Glenelg Avenue, Corio VIC 3214

$589,000

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$589k - $618k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 664 m² 102 m²

Listed: 34 days ago

Updated: 9 days ago

Overview

Situated on a generous 664 square metre block, this traditional solid brick residence presents a compelling opportunity for first home buyers and investors seeking a functional property within proximity to the Corio Shopping Centre. The home offers approximately 102 square metres of living space defined by three spacious bedrooms, two of which accommodate built-in robes, providing ample storage solutions.

Hardwood flooring runs throughout the interior, lending a warm and durable character to the living environment, complemented by built-in shelving that enhances the practical use of the living area. The home’s bathroom features a shower over bath design and a separate toilet, supporting the needs of everyday family life.

Comfort is maintained year-round with a split system heating and cooling unit.
The kitchen includes a gas stove and oven, alongside an updated gas hot water service, which contribute to energy efficiency and functional cooking experiences.
Additional vehicle accommodation is facilitated by a single garage plus vehicle access to the backyard, which enhances off-street parking and storage options.
The outdoor yard space is notably large and includes a garden shed, offering possibilities for hobby gardening or additional storage needs.
The home’s construction on concrete stumps indicates durability and stability.

The property is currently in rentable condition and could generate an estimated weekly return of $480 to $500, appealing to investors seeking reliable income potential. Overall, this home combines functional living spaces with a sizable block of land, enabling lifestyle flexibility for occupants who value established construction, convenience of location, and potential for personalization or rental income.

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.