Home/Properties/Corio/75 Ontario Avenue
75 Ontario Avenue, Corio$545,000
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75 Ontario Avenue

Corio, VIC 3214, Australia
$525,000 – $565,000
3 bed 1 bath 2 car725 m²

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About this property

This three bedroom, one bathroom home is in original condition and presents an incredible opportunity for investors, developers, or first home buyers. Set on a generous approximately 725m² allotment, the property already comes with approved plans and permits for five double storey dwellings - a rare and valuable chance to develop in a growing Corio location. The existing home offers three bedrooms, a central bathroom, and comfortable living spaces, providing rental income potential while you finalise your development plans. You're close to Corio Village for supermarkets, cafés and everyday shopping, with easy access to local primary and secondary schools, sporting reserves and community facilities. The Ring Road is just minutes away for smooth travel to Melbourne or the Surf Coast, while North Shore railway station and the Geelong CBD are both within easy reach, keeping you well connected to work, study and lifestyle amenities. Key Features: • Approx. 725m² block with approved plans and permits for five double storey dwellings • Three bedroom, one bathroom home in original condition • Incredible opportunity for investors, developers, or first home buyers • Walking distance to Corio Shopping Centre, local cafes, and public transport • Close to great schools, shops, and local amenities *Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.* *Photo ID is required at all open for inspections.*

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
725 m²
Listed
3 months ago

Repayment calculator

$2,642/month
$1,321 /fortnight
Loan $436,000 at 6.10% over 30 years

Upfront costs

Deposit$109,000
Stamp duty$27,770
Conveyancing (est.)$2,000
Total upfront$138,770
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 4% below the $570,000 median of 67 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)382 m away
  • The Reject Shop188 m away
  • Unnamed216 m away
  • Shell Reserve285 m away
  • Detroit Crescent Reserve328 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

2 price changes recorded for this property

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