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54 Cloverdale Drive, Corio$624,000
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For Salehouse

54 Cloverdale Drive

Corio, VIC 3214, Australia
$599,000 – $649,000
3 bed 1 bath 2 car594 m²

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About this property

Positioned in a well-established pocket of Corio, this property presents an excellent opportunity for investors, first-home buyers, and renovators alike. Offering a practical floorplan, generous living spaces, and a secure allotment, it provides immediate rental income with future potential to add value. The home features three well-sized bedrooms, including a master with built-in robe, a central bathroom, separate toilet, and a functional kitchen adjoining the meals area. Multiple living zones, including a lounge and separate living room, offer flexibility for families and everyday living. A standout feature is the enclosed sunroom, providing an additional versatile space that can be used as a family room, home office, playroom, or entertaining area. Currently tenanted on a periodic lease, the property offers flexibility for both owner-occupiers and investors. With a current rental appraisal of $490$510 per week, it represents a strong investment opportunity in one of Geelong's most affordable and growing suburbs. Conveniently located close to schools, shopping centres, public transport, medical facilities, and with easy access to the Princes Highway, this is a fantastic opportunity to secure a well-positioned home with plenty of potential. Property Features: - Three spacious bedrooms - Central bathroom with separate toilet - Multiple living areas - Functional kitchen with adjoining meals area - Enclosed sunroom providing additional living space - Detached garage - Periodic tenancy in place - Rental appraisal of $490$510 per week - Ideal investment or future owner-occupier opportunity - Close to schools, shops, public transport and major road networks Due diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist. Disclaimer: All stated dimensions in the content and photos are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
594 m²
Listed
4 weeks 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 6% above the $587,706 median of 70 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)972 m away
  • Kmart978 m away
  • Remington Reserve442 m away
  • Meath Reserve723 m away
  • Lincoln Reserve728 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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Full Corio market

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Price history

Price history

Listing price changes

1 price change recorded for this property

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