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69 Fairbairn Drive, Corio$624,000
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For Salehouse

69 Fairbairn Drive

Corio, VIC 3214, Australia
$599,000 – $649,000
3 bed 1 bath 2 car685 m²

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About this property

Positioned on a generous 685m² (approx.) allotment, this property presents an exciting opportunity that combines immediate comfort, practical functionality and future development potential. With endorsed and approved plans and permits already in place for a second two-bedroom dwelling at the rear, this property offers a compelling pathway for investors, developers, families or first home buyers looking to maximise the value of a spacious landholding with future upside (STCA). The existing solid brick home provides a comfortable and functional single-level layout, ideal to live in, lease out or add value over time. The spacious lounge forms the heart of the home, offering a light-filled living zone enhanced by timber-look flooring and a welcoming sense of space. The adjoining meals area connects easily with the practical kitchen, with ample storage and gas cooking. Accommodation includes three spacious bedrooms, each fitted with built-in robes, with a central bathroom servicing all rooms. Plus a dedicated laundry and additional internal storage further support the home's family-friendly practicality. Outdoors, the true scale and future upside of this property come into focus. The generous rear yard currently offers excellent usable space, complemented by a substantial garage with double roller doors for secure parking. Adding further appeal, endorsed and approved plans and permits are already in place for a second two bedroom dwelling at the rear. This creates an exciting value add opportunity for investors, extended families, developers or future focused buyers seeking land, income potential and long term growth in a convenient position. The location adds further strength to the opportunity. Positioned within close proximity to Corio Village Shopping Centre, public transport and Corio Train Station, the property offers easy everyday convenience. Local schools including Corio Primary School and Northern Bay College are nearby, along with parklands, sporting reserves and walking tracks. Everyday essentials such as Chemist Warehouse, ALDI and the Geelong Gate Homemaker Centre are also within easy reach, while access to the Princes Highway and Geelong Ring Road makes commuting to Geelong CBD or Melbourne straightforward. Whether you are seeking a solid home on a large block, an investment with immediate rental appeal, or a property with approved plans already in motion, this is a rare combination of immediate liveability and future upside in a well-connected location. 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
2
Land Area
685 m²
Listed
3 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 9% above the $573,680 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

  • Unnamed (bus)358 m away
  • Harvey Norman903 m away
  • Rosewall Reserve297 m away
  • Unnamed436 m away
  • McShane Reserve687 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

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1 price change recorded for this property

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