SOLD
Sold on 02 Apr 2024 for $4,970,000

127-129 Obriens Road
Corio VIC 3214

Bedrooms: -
Bathrooms: -
Car spaces: 30
Land area: 4003m2
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Property Details for 127-129 Obriens Rd, Corio

Building Type
Commercial
Land Size
4003m2
Local Government
Greater Geelong
Lot/Plan
11/PS615585

Last Listing description (December 2022)

LEASED

CONSTRUCTION COMMENCED | COMPLETION Q1, 2023

- Modern office / warehouse facility to be developed

- Warehouse area: 1,926m2*

- Office area: 334m2* over 2 levels

- 30 onsite car parks

- Two street frontage - drive through access

- Prime corner location with close proximity to major arterials

- Zoning: Industrial 1 & 2

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Property History for 127-129 Obriens Rd, Corio, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$4,970,000
02 Apr 2024
Listed for Rent
21 Sep 2020
  • 02 Apr 2024
    Sold for $4,970,000
  • 01 Sep 2021
    Sold for $500,000
  • 23 Jun 2021
    Sold for $462,000
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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 7,879 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, 282 properties were sold in the past 12 months in Corio.

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