480 Corinella Road, Corinella, VIC 3984 | Property Value & History | OnTheHouse
OFF MARKET

480 Corinella Road
Corinella VIC 3984

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 109m2
Land area: 49156m2
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Property Details for 480 Corinella Rd, Corinella

Building Type
Rural
Year Built
1980
Floor Size
109m2
Land Size
49156m2
Local Government
Bass Coast
Lot/Plan
60A/PP2453

Last Listing description (August 2025)

Welcome to 480 Corinella Road, Corinella - a unique offering of lifestyle space and future potential set across just over 11.6 acres of picturesque land. Available by auction on the 17th of May at 10 AM, perfectly positioned on the outskirts of this peaceful coastal town, the property enjoys sweeping views across Western Port Bay and a rural backdrop that promises tranquillity, privacy, and possibility.

The residence is a three-bedroom, one-bathroom home with a generous open-plan layout encompassing the living, kitchen, and dining area. Renovations are already well underway, with a modern kitchen installed, tiled bathroom upgrades partially completed, and updated finishes in progress, leaving the final touches in the hands of a creative new owner ready to bring the vision to life. Whether you're dreaming of a rural retreat, a coastal holiday base, or a full-time family home with room to grow, this property is the perfect blank canvas.

Adding to the appeal are three sizeable sheds on the property that provide ample space for machinery, vehicles, or future conversion opportunities.

The land is zoned Rural Activity, unlocking immense potential for tourism-related ventures such as boutique accommodation, caravan or boat storage, or even a weekend farm stay experience, subject to council approval. The combination of location, zoning, and acreage makes this not only a lifestyle purchase but a strategic long-term investment.

Surrounded by natural beauty, yet only a short distance from the Corinella foreshore and local conveniences, this is a property that offers the best of both worlds - coastal calm with the scope for something truly special.

Don't miss your chance to secure a rare and rewarding opportunity in one of Bass Coast's most tightly held rural enclaves.

This property for auction in Corinella is proudly brought to you by Ray White Real Estate Phillip Island.

Property History for 480 Corinella Rd, Corinella, VIC 3984

A timeline of how this property has performed in the market
Last Sold
$980,000
28 May 2025
  • 28 May 2025
    Sold for $980,000
  • 23 Apr 2025
    Listed for Sale Auction $1,100,000 - $1,200,000
  • 08 Oct 2024
    Listed for Sale $1,800,000 - $1,900,000
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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.
There are currently 16 properties listed for sale, and 2 properties listed for rent in Corinella on OnTheHouse. According to Cotality's data, 60 properties were sold in the past 12 months in Corinella.

Suburb Insights for Corinella 3984

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.