FOR SALE
$570,000 - $620,000

50 Balcombe Street
Corinella VIC 3984

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 830.8193m2
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Golden Opportunity Awaits

Welcome to your dream opportunity in the picturesque town of Corinella. This is a once-in-a-lifetime chance to own a piece of land that not only offers stunning views but also endless possibilities for your future.
Located in the heart of Corinella, this 830m2 plot of land is the perfect canvas for you to build your dream home, or perhaps develop. Surrounded by nature and nestled in a tranquil community, this property offers the perfect balance between peaceful seaside living and convenience.
Imagine waking up every morning to breathtaking views that surrounds your property. The crisp, fresh air and the sounds of the ocean waves gently lapping will be your daily soundtrack. This is the perfect setting to start your day with a cup of coffee on your porch, taking in the beauty of your surroundings.
This land is a blank canvas, ready for you to bring your vision to life....the possibilities are endless
Not only is this property a perfect residential opportunity, but it also has great investment potential. With the popularity of regional living on the rise, this land is a smart investment that will only increase in value over time. You can choose to build your dream home now or hold onto the land and watch its value appreciate in the future.
This land is also tenanted with possibilities by way of a 2 lot subdivision (STCA), which opens up the door to earning extra income, or live in one, rent the other!
Don't wait any longer, take advantage of this rare opportunity to own a piece of land in the beautiful town of Corinella. Live the life you've always dreamed of, surrounded by nature and a warm community. With endless possibilities and potential, this land is a true gem. Don't miss out, make it yours today.
The information about this property has been supplied to us in good faith, while we have no cause to doubt its accuracy. Land and home dimensions and floor/site plans are supplied by third parties. Typing mistakes and omissions transposing can occur, we provide assistance but make no representation. Buyers must carry out their own due diligence.
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Property Details for 50 Balcombe St, Corinella

Building Type
Land
Land Size
830.8193m2

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About Corinella 3984

The size of Corinella is approximately 15.4 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Corinella in 2011 was 630 people. By 2016 the population was 808 showing a population growth of 28.3% in the area during that time. The predominant age group in Corinella is 60-69 years. Households in Corinella are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Corinella work in a trades occupation. In 2011, 77.1% of the homes in Corinella were owner-occupied compared with 74.7% in 2016.

Corinella has 970 properties. Over the last 5 years, Houses in Corinella have seen a 49.84% increase in median value. As at 31 July 2024:

  • The median value for Houses in Corinella is $678,886 while the median value for Units is $458,926.
  • Houses have a median rent of $473.
There are currently 28 properties listed for sale, and 1 property listed for rent in Corinella on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Corinella.

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