SOLD
Sold on 10 May 2024 for $280,000

1/49 Merlin Crescent
Corio VIC 3214

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 78m2
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Property Details for 1/49 Merlin Cres, Corio

1/49 Merlin Cres, Corio is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 78m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Corio in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
55m2
Land Size
78m2
Local Government
Greater Geelong
Lot/Plan
1/RP9737

Last Listing description (July 2024)

Step into comfort and convenience with this low-maintenance one bedroom unit. Neatly presented, this home is an ideal first home or a set and forget investment opportunity.

The open plan living space has been thoughtfully designed to maximise every square foot of the home. The living area is bathed in natural light and perfectly adjoins with the spacious kitchen fitted with a freestanding oven and plenty of storage.

Retreat to your generously sized bedroom ideal for relaxation and completed by a built-in-wardrobe offering plenty of additional storage space. Completed by the functional bathroom/laundry, effectively utilising this space with the inclusion of a separate toilet.

The serene private courtyard is perfect for enjoying your morning coffee or afternoon sunlight, while the addition of a single lock up garage offers secure off street parking.

Conveniently located within close proximity to the Corio Village Shopping Centre, schools for all ages and public transport facilities. The Princes Highway is also easily accessed making the commute to Melbourne less than an hour.

Property History for 1/49 Merlin Cres, Corio, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$280,000
10 May 2024
Listed for Rent
$210/w
23 Mar 2019
  • 10 May 2024
    Sold for $280,000
  • 01 Feb 2024
    Listed for Sale $280,000
  • 26 Feb 2019
    Listed for Rent $210 / 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 7,862 properties. Over the last 5 years, Houses in Corio have seen a 38.98% increase in median value, while Units have seen a 29.36% increase. As at 31 August 2024:

  • The median value for Houses in Corio is $486,063 while the median value for Units is $390,996.
  • Houses have a median rent of $400 while Units have a median rent of $340.
There are currently 22 properties listed for sale, and 13 properties listed for rent in Corio on OnTheHouse. According to CoreLogic's data, 256 properties were sold in the past 12 months in Corio.

Suburb Insights for Corio 3214

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.