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3 Mitta Court, Corio$624,000
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For Salehouse

3 Mitta Court

Corio, VIC 3214, Australia
$599,000 – $649,000
3 bed 1 bath 1 car861 m²

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About this property

An exceptional opportunity awaits where immediate flexibility meets outstanding future potential. Set on an expansive 861m² (approx.) allotment, this property is offered with approved plans and permits for five double-storey dwellings, presenting developers and investors with the opportunity to fast-track their next project. Equally, first home buyers and owner-occupiers can secure a comfortable home in a convenient location while capitalising on the property's significant future upside. The existing brick veneer residence offers a practical and functional floorplan comprising three generous bedrooms, two with built-in robes, a central bathroom, a spacious lounge, a functional kitchen adjoining the dining area, a separate laundry and a single garage. Presented in original condition, the home is immediately liveable and provides excellent potential to lease out and generate holding income while future development plans are put into motion. Perfectly positioned in one of Corio's most convenient pockets, the property is within easy walking distance of Corio Village Shopping Centre, local cafés, public transport and everyday amenities. Families and future residents will appreciate the close proximity to primary and secondary schools, medical facilities, parklands and sporting reserves, while the nearby Princes Highway and Geelong Ring Road provide effortless access to Geelong CBD, the Waterfront and Melbourne. Whether you're ready to develop immediately, land bank for the future, expand your investment portfolio or secure a substantial allotment with exceptional long-term potential, this is a rare opportunity to acquire a property that offers both immediate practicality and outstanding development upside. Please note: This home is currently vacant. The photography has been digitally enhanced and/or virtually staged to illustrate the property's potential. Furniture and décor shown are for display purposes only.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
1
Land Area
861 m²
Listed
3 months ago

Repayment calculator

$3,025/month
$1,513 /fortnight
Loan $499,200 at 6.10% over 30 years

Upfront costs

Deposit$124,800
Stamp duty$32,510
Conveyancing (est.)$2,000
Total upfront$159,310
Verify with VIC revenue office →
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 3-bedroom house in Corio, VIC 3214 sits within reach of public transport, local shops and nearby schools. It is listed 12% above the $559,000 median of 66 comparable houseswithin 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)435 m away
  • Liquorland216 m away
  • Detroit Crescent Reserve459 m away
  • Unnamed485 m away
  • Shell Reserve576 m 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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Suburb market

Suburb price trend

Corio price trend

Median sold · House 3 bed

Compound growth +3.3% / yr over 4 yrs

$570kcurrent median

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Price history

Listing price changes

1 price change recorded for this property

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