OFF MARKET

2/49 Merlin Crescent
Corio VIC 3214

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 94m2
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Property Details for 2/49 Merlin Cres, Corio

2/49 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 94m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2012.

Building Type
Unit
Year Built
1995
Floor Size
55m2
Land Size
94m2
Local Government
Greater Geelong
Lot/Plan
2/RP9737

Last Listing description (July 2012)

'PRIVATE & QUIET BUT CLOSE TO EVERYTHING!nTHIS VERY APPEALING UNIT IS SITUATED IN A BLOCK OF THREE, IN A VERY QUIET LOCATION. THE ONE BEDROOM UNIT, IS AS NEAT AS A PIN! ENTERING INTO THE LOUNGE FROM A WELL-LOVED FRONT GARDEN, IS A TIDY LITTLE HAVEN. THE BEDROOM HAS BIR & NICE WINDOW FURNISHINGS. IT HAS NEW CARPET THROUGHOUT. THE LOUNGE IS A GOOD SIZE WITH A MEAL AREA & OPENS ONTO THE KITCHEN WITH LOTS OF CUPBOARDS, BENCH SPACE & GAS COOKING. THE BATHROOM & LAUNDRY ARE COMBINED VERY WELL, WITH A GOOD SIZED SHOWER & LINEN PRESS VANITY & ACCESS TO THE LOVELY OUTDOOR LIVING AREA, WHICH HAS A PERGOLA AND PLENTY OF ROOM FOR AN EVENING BBQ. THE UNIT HAS REAR ACCESS INTO THE COURTYARD & A SINGLE GARAGE TO PARK YOUR CARK. IT HAS A REVERSE CYCLE AIR CONDITIONING TO HEAT & COOL. THE UNIT ALSO HAVE A COMMON AREA WHERE PEOPLE CAN GROW VEGIES ECT. READY FOR YOU TO MOVE STRAIGHT IN OR A GREAT LITTLE RENTAL WITH A POTENTIAL RENTAL RETURN OF $190P/W GIVING YOU AN APPROXIMATE 6% RETURN.

Property History for 2/49 Merlin Cres, Corio, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$161,000
14 Mar 2012
  • 14 Mar 2012
    Sold for $161,000
  • 29 Feb 2012
    Listed for Sale $155,000-$170,000
  • 23 Aug 2008
    Sold for $118,000
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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.
There are currently 21 properties listed for sale, and 12 properties listed for rent in Corio on OnTheHouse. According to CoreLogic's data, 251 properties were sold in the past 12 months in Corio.

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