OFF MARKET

54 Fairbairn Drive
Corio VIC 3214

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 132m2
Land area: 653m2
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Property Details for 54 Fairbairn Dr, Corio

54 Fairbairn Dr, Corio is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1992. The property has a land size of 653m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
House
Year Built
1992
Floor Size
132m2
Land Size
653m2
Local Government
Greater Geelong
Lot/Plan
23/LP220298

Last Listing description (August 2019)

Situated on approx. 650m2 this fabulous property is bursting with opportunities to the astute buyer. With a rent return of $355per week on a long term lease, this property offers huge investment potential and ticks all the boxes.
Comprising of a large open kitchen/dining area with adjoining large living space, 3 generous bedrooms (with BIR'S), main with walk in robe & ensuite, full main bathroom, 2 toilets, secure open car spaces, under cover alfresco and garden shed.
Other features of the home include split system heating and cooling for year round comfort, corner pantry in the kitchen adding ample storage space as well as plenty of bench space, electric roller shutters throughout, solar panels, low maintenance rear yard all enclosed securely.

Conveniently located within easy reach of Aldi, Corio Village Shopping Centre and public transport, minutes drive to Princes Hwy and Ring Road for those that commute to Melbourne and on the doorstep to the best coastline Australia has to offer. Don't miss out on one of Geelong fastest growing areas.

Property History for 54 Fairbairn Dr, Corio, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$377,000
01 Aug 2019
Listed for Rent
$340/w
08 Jun 2019
  • 01 Aug 2019
    Sold for $377,000
  • 20 Jun 2019
    Listed for Sale $370,000 - $400,000
  • 28 May 2019
    Listed for Rent $340 / 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 7,817 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.

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.