12 Palmer StreetCorinella VIC 3984
Property Details for 12 Palmer St, Corinella
Last Listing description (June 2026)
12 Palmer Street, Corinella is an exceptional investment, subdivision or dream home opportunity! We are offering this premier location, nestled on the picturesque Corinella peninsula. This last available lot spans a generous 893square metres, perched high above the cliff, presenting views across Westernport Bay, the coastal reserve and an unparalleled opportunity for discerning investors and aspiring home builders alike.
The vendor is motivated to sell with a recent price adjustment. Previous approval was granted for a subdivision of two blocks. It presents as an investment opportunity for developers, STCA. The vendor would consider offers on either the subdivided lots or the whole block as one!
This is a premier block in a location that is as exclusive as it is serene, where tranquility meets the conveniences of coastal living. Immerse yourself in miles of coastal walking tracks, frequent the charming local jetty, or take advantage of the 24/7, 4-bay boat ramp. The area boasts fine local restaurants, providore stores, a vibrant community, and exceptional local assets all contributing to a rich lifestyle choice.
A rare gem such as this with nature reserve and sea views is only an hour's drive from Melbourne's eastern suburbs and a mere 20 minutes to the wonders of Phillip Island, is seldom offered to the market. 12 Palmer Street represents not just land, but a canvas for a dream coastal abode or a strategic investment in a sought-after locale.
Do not miss this rare opportunity to secure what is truly the best of Corinella – Call LJ Hooker Grantville today –
GREG KANE – 0477 020 267
ALLAN MANN – 0409 855 753
Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.
Property History for 12 Palmer St, Corinella, VIC 3984
- 29 Aug 2025Sold for $570,000
- 29 Apr 2025Listed for Sale $495,000
- 25 Jan 2024Listed for Sale NEW PRICE $570,000 - $620,000
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About Corinella 3984
The size of Corinella is approximately 15.4 square kilometres. There is 1 park, covering nearly 0.2% of the total area. The population of Corinella in 2016 was 791 people. By 2021 the population was 1181 showing a population growth of 49.3% in the area during that time. The predominant age group in Corinella is 60-69 years. Households in Corinella are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Corinella work in a trades occupation.In 2021, 78.20% of the homes in Corinella were owner-occupied compared with 74.70% in 2016.
Corinella has 1,042 properties. Over the last 5 years, Houses in Corinella have seen a -2.24% decrease in median value, while Units have seen a 11.82% increase. As at 31 July 2026:
- The median value for Houses in Corinella is $694,800 while the median value for Units is $528,380.
- Houses have a median rent of $535.
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