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3 Granault Parade, Corio VIC 3214

$450,000-$480,000

Search Band Search Visibility Band

$450k - $500k High Confidence Calculated based on strong search observations.

House 2 Beds 1 Bath 1 Car 607 m²

Listed: 13 days ago

Overview

This property offers a notable investment and development opportunity strategically placed in the high-growth suburb of Corio. Set on a sizable 607m² block, the classic two-bedroom home promises potential for renovators or developers to unlock further value.

The residence, featuring a functional plan, provides a sturdy and adaptable foundation suitable for light cosmetic updates or full renovation. The expansive rear yard is an attractive asset, offering space for home extensions, enhanced outdoor living areas, or possibly subdivision, subject to local council approvals.

Generous 607m² land size presenting excellent scope for expansion and development options
Accommodation includes two comfortable bedrooms and centrally positioned bathroom
Side driveway access allowing parking for two or more vehicles
Resilient structure implying strong renovation potential
Set in a quiet, developed neighbourhood with proximity to schools, shopping centres, public transport, and parks
Convenient access to the Princes Highway, Geelong CBD and broader transport links
Appealing to investors, first-home renovators, or property developers seeking opportunity within a burgeoning area

The property's position near Corio Village Shopping Centre and essential amenities supports a balanced lifestyle for families and tenants, while its solid bones and land size ensure capacity for customization or development to match various investment strategies. This well-located home presents a rare chance to secure a foothold in a growing community with enduring upside potential.

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.