271 Princes Highway, Corio, VIC 3214 | Property Value & History | OnTheHouse
OFF MARKET

271 Princes Highway
Corio VIC 3214

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 86m2
Land area: 1394m2
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Property Details for 271 Princes Hwy, Corio

271 Princes Hwy, Corio is a 0 bedroom, 0 bathroom House with 1 parking spaces and was built in 1958. The property has a land size of 1394m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1958
Floor Size
86m2
Land Size
1394m2
Local Government
Greater Geelong
Lot/Plan
75/LP54101

Last Listing description (October 2025)

Prime Dual-Block Development Opportunity - Plans & Permits Approved for 10 Units; with option to buy 1.

An exceptional opportunity awaits developers and investors with this rare dual-block offering at 269-271 Princes Highway, Corio. With a combined total land size of approximately 1,394 sqm (696 sqm each), this high-exposure site comes complete with approved plans and permits for 10 architecturally designed townhouses - offering a ready-to-go project in a rapidly growing pocket of Greater Geelong.

Situated on a prominent stretch of Princes Highway, the location provides excellent connectivity to key amenities, making it an ideal site for a residential development that will appeal to both owner-occupiers and tenants.

Key Highlights:

Two adjoining titles sold together - total land size approx. 1,394 sqm

Approved plans and permits for 10 modern townhouses

High-visibility location with significant frontage to Princes Highway

Close to Corio Village Shopping Centre, schools, parks, and public transport

Easy access to the Geelong Ring Road and less than 15 minutes to Geelong CBD

Surging local demand and strong rental yields in the area

With all the groundwork done, this is your chance to capitalise on a turn-key development opportunity in a thriving regional market.

*All measurements are approximate.

DISCLAIMER: We understand the importance of due diligence when making such significant decisions. While all stated dimensions and times are approximate, we assure you that the particulars provided are for general information only and do not constitute any representation on the part of the vendor or agent.
For an up-to-date copy of the Due Diligence Check List, please refer to the following link: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 271 Princes Hwy, Corio, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$425,000
10 May 2021
Listed for Rent
$235/w
20 Jul 2019
  • 06 Jun 2025
    Listed for Sale Contact Agent!!!!!
  • 19 May 2021
    Listed for Sale $410,000 - $440,000
  • 10 May 2021
    Sold for $425,000
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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 8,076 properties. Over the last 5 years, Houses in Corio have seen a 41.89% increase in median value, while Units have seen a 46.09% increase. As at 30 November 2025:

  • The median value for Houses in Corio is $544,866 while the median value for Units is $445,964.
  • Houses have a median rent of $430 while Units have a median rent of $380.
There are currently 11 properties listed for sale, and 9 properties listed for rent in Corio on OnTheHouse. According to Cotality's data, 419 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.