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Sold on 07 Mar 2024 - Price Unavailable

1/16 Redfearn Court
Corio VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 272m2
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Property Details for 1/16 Redfearn Ct, Corio

1/16 Redfearn Ct, Corio is a 3 bedroom, 1 bathroom Unit. The property has a land size of 272m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Corio in the last 12 months.

Building Type
Unit
Land Size
272m2
Local Government
Greater Geelong
Lot/Plan
1/PS724722

Last Listing description (March 2024)

Looking for an affordable 3 bedroom unit in Corio? Look no further than 1/16 Redfearn Court!This charming unit is located in a quiet court, providing a peaceful retreat from the hustle and bustle of daily life. With three generously sized bedrooms, there is plenty of room for a growing family or for those in need of extra space. The unit also features a comfortable living area, a functional kitchen, and a bathroom complete with a shower and bathtub.The unit is located in a convenient location, just a short walk away from local shops, parks, and public transport. Plus, with Geelong just a short drive away, you'll have easy access to all the amenities and attractions that this vibrant city has to offer.Currently tenanted at $330 a week. That's a gross rental yield of 4.71%Don't miss out on this fantastic opportunity to add 1/16 Redfearn Court to your portfolio. Contact us today to arrange an inspection!*Based on five years of sales, Corio has seen a compound growth rate of 11.8% for houses and 9.3% for units.*

Property History for 1/16 Redfearn Ct, Corio, VIC 3214

A timeline of how this property has performed in the market
Last Sold
07 Mar 2024
Listed for Rent
$400/w
12 Aug 2024
  • 06 Aug 2024
    Listed for Rent $400 / week
  • 21 Feb 2024
    Sold for $340,000
  • 09 May 2023
    Listed for Rent $330 / 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 7,826 properties. Over the last 5 years, Houses in Corio have seen a 38.44% increase in median value, while Units have seen a 27.33% increase. As at 31 October 2024:

  • The median value for Houses in Corio is $490,797 while the median value for Units is $375,603.
  • Houses have a median rent of $400 while Units have a median rent of $350.
There are currently 21 properties listed for sale, and 15 properties listed for rent in Corio on OnTheHouse. According to CoreLogic's data, 254 properties were sold in the past 12 months in Corio.

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Lj Hooker Geelong
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