51 Smythe StreetCorinella VIC 3984
Property Details for 51 Smythe St, Corinella
51 Smythe St, Corinella is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1081m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in October 2013.
Last Listing description (October 2016)
The property has a 3 bed. unit upstairs and the ground floor is currently used as a general store/post office agency and two petrol pumps. The ground floor infrastructure and business is owned by the tenant and currently returns $36,000/yr.
The property can be subdivided subject to Council Approval, and the tenant is very interested in purchasing the section where the store is situated.
Any shrewd investor will recognize that this investment has great potential. Call for a private tour!
Property History for 51 Smythe St, Corinella, VIC 3984
- 28 Jan 2016Listed for Sale OFFERS OVER $1,200,000
- 17 Oct 2013Sold for $330,000
- 11 May 2011Listed for Sale $315,000
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0About 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 979 properties. Over the last 5 years, Houses in Corinella have seen a 41.51% increase in median value. As at 31 October 2024:
- The median value for Houses in Corinella is $652,816 while the median value for Units is $485,524.
- Houses have a median rent of $488.
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