114 Bacchus Marsh RoadCorio VIC 3214
Property Details for 114 Bacchus Marsh Rd, Corio
114 Bacchus Marsh Rd, Corio is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 706m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (February 2023)
Set on a large 706m2 block this home is perfect for investors wanting to take advantage of a savvy investment opportunity, developers looking to sub-divide (STCA) or first home buyers looking to break into the Geelong market.
Placing you in one of Geelong's fastest-growing locations, you're within walking distance to Corio Village shopping centre, primary school and only a short drive to the Geelong Health Care Precinct, Bunnings & the Spirit of Tasmania soon to dock on our shores. The location in itself guarantees strong foreseeable capital growth.
The original home consists of 3 Bedrooms, an updated bathroom, large living room with gas heater & R/C A/C
A 6KW solar panel system, 7.5m x 4.0m single garage, garden shed and a beautiful lemon tree, this property is sure to tick a lot of boxes.
The block happens to be zoned General Residential Zone - Schedule 4, giving investors an amazing opportunity to build one or more quality investments or home buyers a chance to build the house of their dreams.
FEATURES:
706m2 Block
3 Bedrooms
1 Bathroom
Single Garage
Subdivision potential (STCA)
Central Location
Walking Distance to Shopping Centre, Schools & Medical Facilities
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.*
Property History for 114 Bacchus Marsh Rd, Corio, VIC 3214
- 10 Nov 2022Sold for $540,000
- 09 Oct 2022Listed for Sale $449,000 - $489,000
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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 7,817 properties. Over the last 5 years, Houses in Corio have seen a 39.22% increase in median value, while Units have seen a 32.31% increase. As at 30 September 2024:
- The median value for Houses in Corio is $486,941 while the median value for Units is $371,549.
- Houses have a median rent of $400 while Units have a median rent of $340.
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