271 Princes Hwy, Corio is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1958. The property has a land size of 697m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in Corio in the last 12 months.
Positioned along a prominent and high-exposure section of Princes Highway in Corio, 271 Princes Highway delivers an outstanding development and investment opportunity on a generous 696m (approx.) allotment. The existing home comprises 3 bedrooms, 1 bathroom and two car spaces, providing immediate holding income potential while you plan the next stage. With approved plans and permits for five townhouses, this is a rare ready-to-go project in a location that continues to benefit from strong buyer demand and ongoing residential growth.Ideally located close to local shopping, schools, public transport and key road links, this address offers exceptional convenience for future residents and tenants alike. Whether you choose to retain and lease the existing dwelling or commence construction straight away, this is a flexible and high-return opportunity combining a sizeable block, an established home and a fully approved multi-dwelling development outcome in one of Corios most accessible corridors.Features: 696m (approx.) allotment Approved plans & permits for 5 townhouses Existing 3-bedroom, 1-bathroom residence Two car spaces Ideal holding property with strong development upside High-exposure Princes Highway frontage Close to shops, schools, public transport and major road connections Perfect for developers and astute investorsDue Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklistDisclaimer: All stated dimensions in the content and photos are approximate only.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.
The size of Corio is approximately 19.1 square kilometres. It has 36 parks covering nearly 8.8% of total area. The population of Corio in 2016 was 15296 people. By 2021 the population was 15497 showing a population growth of 1.3% in the area during that time. The predominant age group in Corio is 20-29 years. Households in Corio are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Corio work in a labourer occupation.In 2021, 56.50% of the homes in Corio were owner-occupied compared with 58.00% in 2016.
Corio has 8,086 properties. Over the last 5 years, Houses in Corio have seen a 42.57% increase in median value, while Units have seen a 44.82% increase. As at 28 February 2026:
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