1/158 Bacchus Marsh Rd, Corio is a 5 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 720m2.
Exciting investment opportunity to secure these three units on one title. Two x2 bedroom units and one x1 bedroom unit currently returning $510 per week. Securely let, this property offers scope to subdivide STCA. The units are separately metered for power but have only one meter for water. Neat, tidy & well maintained, this is a desirable investment with scope to add value. These opportunities are increasingly rare.
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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 7,860 properties. Over the last 5 years, Houses in Corio have seen a 40.25% increase in median value, while Units have seen a 37.42% increase. As at 31 July 2024:
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