MORTGAGEE IN POSSESSION
Ideal to build your permanent or holiday home, set at the end of a quiet court in an attractive and sought after township of Corinella, a popular holiday, fishing and peaceful permanent location. A short walk to extensive meandering walking tracks, the beach, general store, jetty, community centre and public transport. Only fifteen minutes to Phillip Island and under one hour of easy travelling to Fountain Gate. A spacious 666 m2(approx) level block with services.
It must be the cheapest block in Corinella!
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 979 properties. Over the last 5 years, Houses in Corinella have seen a 41.51% increase in median value. As at 31 October 2024:
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