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Sold on 25 Oct 2024 for $312,500

10 Indiana Avenue
Corio VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 586m2
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Property Details for 10 Indiana Ave, Corio

10 Indiana Ave, Corio is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 586m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Corio in the last 12 months.

Building Type
House
Land Size
586m2
Local Government
Greater Geelong
Lot/Plan
151/LP58822

Last Listing description (October 2024)

If you’re searching for a promising investment in one of Geelong's evolving suburbs, this 586m² property in Corio—featuring 3 bedrooms and 1 bathroom—offers a fantastic option worth considering. Nestled in a community that is increasingly attracting interest, this property is well-positioned to take advantage of the growing demand for rental homes in the area.

One of the standout features of this property is that it’s attached to a mirrored property next door, which is 583m². Together, if you acquire both, you could have a substantial combined land size of 1,169m². This opens up exciting possibilities for future development or enhanced rental income, making it an attractive option for savvy investors.

Situated on the same road as Northern Bay Secondary College, this property is ideally suited for families looking for educational opportunities for their children. The proximity to the school makes it a convenient choice for parents who value a short commute to quality education.

Additionally, the property is within walking distance to the Northern Aquatic Centre and Corio Village. The Aquatic Centre provides recreational options for families and individuals, while Corio Village is home to a variety of shops and dining options, catering to everyday needs and enhancing the community feel.

As Corio continues to grow and evolve, this area is becoming increasingly desirable, making it an excellent time to consider investment opportunities. With its strategic location and family-friendly amenities, this property is well-positioned to attract a diverse range of tenants.

If you're looking for a property that not only holds investment potential but also contributes to a vibrant community, this Corio gem could be just what you need.

Contact Nathan Loutit today with any questions or to understand the development opportunity

*All information offered by Lara Real Estate is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Lara Real Estate simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Lara Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information. PHOTO ID MUST BE SHOWN TO ATTEND ALL INSPECTIONS*

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Property History for 10 Indiana Ave, Corio, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$312,500
25 Oct 2024
Listed for Rent
$250/w
31 May 2019
  • 25 Oct 2024
    Sold for $312,500
  • 19 Sep 2024
    Listed for Sale $365,000
  • 16 May 2019
    Listed for Rent $250 / week
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About Corio 3214

The size of Corio is approximately 19.1 square kilometres. It has 36 parks covering nearly 8.8% of total area. The population of Corio in 2011 was 15,072 people. By 2016 the population was 15,298 showing a population growth of 1.5% in the area during that time. The predominant age group in Corio is 10-19 years. Households in Corio are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Corio work in a labourer occupation. In 2011, 61% of the homes in Corio were owner-occupied compared with 58% in 2016.

Corio has 7,817 properties. Over the last 5 years, Houses in Corio have seen a 38.44% increase in median value, while Units have seen a 27.33% increase. As at 31 October 2024:

  • The median value for Houses in Corio is $490,797 while the median value for Units is $375,603.
  • Houses have a median rent of $400 while Units have a median rent of $350.
There are currently 21 properties listed for sale, and 14 properties listed for rent in Corio on OnTheHouse. According to CoreLogic's data, 248 properties were sold in the past 12 months in Corio.

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