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21 Rimula Road, Corio VIC 3214

$549,000 - $599,000

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$549k - $576k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 3 Cars 836 m²

Listed: 28 days ago

Overview

Positioned on a substantial 836 square metre block with valuable side access, this spacious four-bedroom, two-bathroom house offers considerable potential for renovators, investors, and first-home buyers seeking to add value within the Corio area.

The home showcases a versatile layout with two separate living areas including a light-filled front lounge and a second rumpus room that could serve as a children's retreat, home office, or additional entertaining space. The open kitchen and dining zones support comfortable family living while modern comfort is enhanced by multiple split-system heating and cooling units, supplemented by ceiling fans throughout.

The accommodation includes four well-sized bedrooms and two bathrooms, one of which has been renovated to a contemporary standard, while the other presents an opportunity for completion and personalization. The existing utility connections in the rear yard indicate the possibility of reinstating a secondary dwelling, subject to council approval, further expanding potential uses for this property.

Outdoor space is ample, with a large backyard and generous side access offering room for parking multiple vehicles, a caravan or trailer, as well as space for future landscaping or extensions. This combination of generous land, functional living areas, and value-add options makes the property well-suited to home buyers ready to invest in improvement, investors looking for potential rental income growth, or renovators eager to enhance a well-located family home.

Four bedrooms providing versatile sleeping arrangements
Two bathrooms with scope for finishing and modernization
Two separate living areas allowing flexible use of space
Multiple heating and cooling units for year-round comfort
Substantial 836 sqm allotment with excellent side access
Potential to reinstate secondary accommodation with existing capped services
Ample outdoor space for vehicles and entertaining

Local Market Insights

In Corio, Quiet Listings observed 44 new houses entering the market over the last 30 days, up from 34 during the previous 30-day period, with an average advertised asking price of $569,543. 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 30% of new listings, followed by Harcourts with 18%. 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.