SOLD
Sold on 02 Jul 2024 for $300,000

1/14 Fiona Avenue
Corio VIC 3214

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 60m2
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Barnett Real Estate Geelong
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Property Details for 1/14 Fiona Ave, Corio

1/14 Fiona Ave, Corio is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 60m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Corio in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
54m2
Land Size
60m2
Local Government
Greater Geelong
Lot/Plan
1/RP13548

Last Listing description (August 2024)

This property presents an excellent investment decision, thanks to its stable rental yield and strong demand for well-situated units in the Corio area. The value here is clear and compelling for those starting their property portfolio or looking to secure a first home.
Property Features:
One Generous Bedroom: A cosy and inviting space to unwind.

Practical Floor Plan: Including a versatile combined bathroom and laundry area with external access to a private courtyard for relaxation.
All-Electric Amenities: Efficient and modern living assured with electric heating, hot water, and cooking appliances.
Stable Income Stream: Currently under a fixed-term lease, earning $280 per week until March 2025.
Robust Construction: A low-maintenance brick unit that stands the test of time.

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Property History for 1/14 Fiona Ave, Corio, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$300,000
02 Jul 2024
Listed for Rent
$225/w
21 Dec 2021
  • 02 Jul 2024
    Sold for $300,000
  • 29 Apr 2024
    Listed for Sale $280,000 - $305,000
  • 10 Dec 2021
    Listed for Rent $225 / 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 7,880 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 18 properties listed for rent in Corio on OnTheHouse. According to CoreLogic's data, 287 properties were sold in the past 12 months in Corio.

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