SOLD
Sold on 24 Nov 2023 for $1,034,000

71 Ontario Avenue
Corio VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 692m2
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Property Details for 71 Ontario Ave, Corio

Building Type
Land
Year Built
1960
Floor Size
93m2
Land Size
692m2
Local Government
Greater Geelong
Lot/Plan
17/LP54101

Last Listing description (November 2021)

**Please note that Scheduled Open Times are only for Double-Vaccinated Attendees. Single-dosed or Unvaccinated Attendees need to make alternative Private arrangements with the Agent should they wish to view the Property**

On offer is a great development and investment opportunity. With a corner block, two street frontages and a block size of 693sqm (approx.) the options to subdivide (STCA) and/or renovate are endless. In a neighborhood that is increasing in market value, don't miss the opportunity to buy into the market!


The property features:

3 Bedrooms.
Bathroom with separate toilet.
Kitchen with 4 burner gas stove top and oven.
Gas heater and A/C in living area.
Light filled home.
Original condition.
Single Car Garage.
Detached multi-purpose room.
Beautiful, mature gardens.

This property is conveniently located within close proximity to Princes Highway 1km (approx.), Corio Village 200m (approx.), Northern Bay College 700m (approx.), Goldsworthy Reserve 1.1km (approx.), Waterfront 8.7km (approx.), CBD 9.3km (approx.) & GMHBA Stadium 10km (approx.) to name a few of Geelong's many highlights!

Property History for 71 Ontario Ave, Corio, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$1,034,000
24 Nov 2023
  • 24 Nov 2023
    Sold for $1,034,000
  • 12 Nov 2021
    Sold for $605,000
  • 12 Oct 2021
    Listed for Sale $595,000 - $615,000
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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 7,860 properties. Over the last 5 years, Houses in Corio have seen a 40.25% increase in median value, while Units have seen a 37.42% increase. As at 31 July 2024:

  • The median value for Houses in Corio is $486,625 while the median value for Units is $380,421.
  • Houses have a median rent of $400 while Units have a median rent of $320.
There are currently 22 properties listed for sale, and 13 properties listed for rent in Corio on OnTheHouse. According to CoreLogic's data, 247 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.