FOR SALE
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Rennie Street
Corio VIC 3214

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Land area: 2ac
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An Exceptional Opportunity to Invest in Premium Farming Zone Land

This is a rare and final opportunity to acquire farming zone land with 10 subdivision lots, each holding its own separate title. The local council has expressed approval for rezoning the land into commercial or light industrial, making it a prime investment.
Strategically located opposite the upcoming railway station, this land is surrounded by industrially zoned properties, with neighbouring lots already in council awaiting rezoning approvals. Don’t miss your chance to secure a property in this high-potential growth area.

Property Details for Lot 1 Rennie St, Corio

Building Type
Rural
Land Size
2ac

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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 7,880 properties. Over the last 5 years, Houses in Corio have seen a 36.79% increase in median value, while Units have seen a 14.99% increase. As at 30 November 2024:

  • The median value for Houses in Corio is $491,386 while the median value for Units is $344,304.
  • Houses have a median rent of $400 while Units have a median rent of $350.
There are currently 16 properties listed for sale, and 19 properties listed for rent in Corio on OnTheHouse. According to CoreLogic's data, 288 properties were sold in the past 12 months in Corio.

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Safwat Ali
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Boris Jakovdis
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QUBA Real Estate & Business Agency (VIC)
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