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5 Granault Parade, Corio VIC 3214

$490,000-$530,000

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$490k - $515k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 2 Cars 604 m²

Listed: 13 days ago

Overview

Situated in a convenient and developing pocket of Corio, this three-bedroom home stands as an affordable opportunity for both first-home buyers and investors. The residence offers a solid structural foundation, poised for renovation and contemporary upgrades to enhance its value and appeal.

The well-conceived layout includes three bedrooms and a central bathroom, embodying practicality and functionality. Beyond the home, a generous 604 square meter block provides ample space for outdoor living enhancements or potential extensions, subject to council approval, thus offering significant scope for customization or expansion.

Its location contributes additional lifestyle benefits, with easy access to local schools, Corio Village Shopping Centre, public transportation links, and the Princes Highway, facilitating convenient travel to Geelong and Melbourne. This accessibility makes the property particularly suited to families seeking proximity to essential amenities or investors targeting strong rental demand and future capital growth.

Overall, 5 Granault Parade represents a sound investment or entry point into the market, combining location, land size, and renovation potential. It is a property that invites buyers to realize their vision and capitalize on the developmental prospects within Corio.

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.