3 Mitta Ct, Corio is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 861m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
This three bedroom, one bathroom home is in original condition and presents an incredible opportunity for investors, developers, or first home buyers. Set on a generous approximately 861m allotment, the property already comes with approved plans and permits for five double storey dwellings a rare and valuable chance to develop in a growing Corio location.
The existing home offers three bedrooms, a central bathroom, and comfortable living spaces, providing rental income potential while you finalise your development plans.
Positioned in a thriving neighbourhood, the property is within walking distance to Corio Shopping Centre, local cafes, and public transport, as well as being close to great schools and amenities, ensuring strong future appeal for homeowners and investors alike.
Key Features:
Approx. 861m block with approved plans and permits for five double storey dwellings
Three bedroom, one bathroom home in original condition
Incredible opportunity for investors, developers, or first home buyers
Walking distance to Corio Shopping Centre, local cafes, and public transport
Close to great schools, shops, and local amenities
Expected rental return for existing dwelling around $410 per week ($21,320 per annum)
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 8,075 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:
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