271 Princes Highway, Corio, VIC 3214 sold on 16 March 2026 | OnTheHouse
SOLD
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Sold on 16 Mar 2026 for $501,000

271 Princes Highway
Corio VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 697m2
Sold By
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Area Specialist Geelong City
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Property Details for 271 Princes Hwy, Corio

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.

Building Type
House
Year Built
1958
Floor Size
86m2
Land Size
697m2
Local Government
Greater Geelong
Lot/Plan
75/LP54101

Last Listing description (March 2026)

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.

Property History for 271 Princes Hwy, Corio, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$501,000
16 Mar 2026
Listed for Rent
$235/w
20 Jul 2019
  • 16 Mar 2026
    Sold for $501,000
  • 08 Jan 2026
    Listed for Sale Contact Agent!!!!!
  • 06 Jun 2025
    Listed for Sale Contact Agent!!!!!
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About Corio 3214

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:

  • The median value for Houses in Corio is $577,069 while the median value for Units is $458,215.
  • Houses have a median rent of $430 while Units have a median rent of $380.
There are currently 9 properties listed for sale, and 14 properties listed for rent in Corio on OnTheHouse. According to Cotality's data, 426 properties were sold in the past 12 months in Corio.

Suburb Insights for Corio 3214

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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.