29 Teleta CrescentCorio VIC 3214
Property Details for 29 Teleta Cres, Corio
29 Teleta Cres, Corio is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 631m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (April 2026)
Welcome to 29 Teleta Crescent, Corio a rare opportunity for first home buyers, investors, and developers to secure a property with genuine upside in a rapidly growing location.
Set on a generous allotment, this property offers immediate comfort with incredible scope to add significant value over time. Whether youre looking to renovate, extend, or redevelop (STCA), the possibilities here are endless.
Importantly, the property previously had plans and permits approved for four townhouses, presenting a fantastic head start for developers. There is also the opportunity to extend these permits for a further two years (STCA), allowing you to step straight into a project without starting from scratch.
Inside, the home features a practical layout with well-sized bedrooms, a light-filled living area, and a functional kitchen. The expansive backyard provides the perfect canvas for future improvements, whether thats additional dwellings, a granny flat, or a complete redevelopment.
Located in a quiet, family-friendly pocket, youre just moments from local schools, shopping centres, public transport, and have easy access to the Princes Highwaymaking commuting to Geelong CBD or Melbourne easy and convenient.
Key Features:
- Generous land size with strong development potential (STCA)
- Previously approved plans & permits for 4 townhouses
- Potential to extend permits for a further 2 years (STCA)
- Excellent opportunity to renovate and add value
- Spacious backyard with scope for further development
- Ideal for investors, developers, or savvy buyers
Due diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist. Disclaimer: All stated dimensions in the content and photos are approximate only. Note: 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 29 Teleta Cres, Corio, VIC 3214
- 16 Apr 2026Listed for Sale $579,000 - $629,000 Plans Permit Approved x4 Unit
- 13 Nov 2025Listed for Sale $580,000-$628,000 approved plans for x4 dwellings
- 21 Jun 2023Listed for Rent $360 / week
Recent sales nearby
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0About 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 8,090 properties. Over the last 5 years, Houses in Corio have seen a 39.33% increase in median value, while Units have seen a 35.35% increase. As at 31 March 2026:
- The median value for Houses in Corio is $587,810 while the median value for Units is $445,101.
- Houses have a median rent of $435 while Units have a median rent of $350.
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