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228-232 Purnell Road, Corio$840,000

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228-232 Purnell Road

Corio, VIC 3214, Australia

$800,000 – $880,000

1401 m²

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About this property

Calling all developers and those looking to build a multiple residence project (STCA). Here's a unique chance to purchase a large parcel of land in the heart of the western pocket of Corio. Zoned as General Residential - Schedule 1 and offering some 1400 sqm (approx.) of flat land, the options are abundant. With Colourbond fencing to be installed on the northern and western boundaries, the value just keeps adding up. Positioned near the Geelong ring road, public transport, parkland and Corio Village, it's a prime opportunity not to be missed.

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 1401 m²
Listed: 3 months ago

Repayment calculator

$4,072/month

$2,036 /fortnight

Loan $672,000 at 6.10% over 30 years

Upfront costs

Deposit$168,000

Stamp duty$45,470

Conveyancing (est.)$2,000

Total upfront$215,470

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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Corio

This land in Corio, VIC 3214 sits within reach of public transport, local shops and nearby schools. It is listed 35% above the $624,000 median of 63 comparable landswithin 5 km.

Schools near Corio

Geelong Grammar School - Corio Campuscombined · Prep-12 · CoEd
Northern Bay P-12 Collegecombined · Prep-12 · CoEd
Nelson Park School-Illinois Avenue Annexesecondary
Yea High School-Goldsworthy Road Campussecondary

What's nearby

Corio Village Shopping Centre/Purnell Rd (bus) — 1.3 km away
Best & Less — 1.3 km away
Remington Reserve — 1.1 km away
Meath Reserve — 1.2 km away
Lincoln Reserve — 1.3 km away

Corio at a glance

Full suburb profile

Population: 15,497
Median age: 35
Household income: $1,152/wk
Median rent: $280/wk
Median mortgage: $1,300/mo

Source: ABS Census.

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