3 Quebec Ave, Corio is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 684m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Set on a generous 684m (approx.) north-facing allotment in a highly convenient location, this property presents an exceptional opportunity for developers, investors and forward-thinking buyers looking to capitalise on future growth.
With proposed plans for five dwellings already prepared, the site offers exciting scope to unlock its full potential and maximise returns (STCA). Whether you're an experienced developer seeking your next project, an investor looking to landbank in a growth corridor, or a buyer searching for a property with significant future upside, opportunities of this nature are becoming increasingly difficult to secure.
The existing residence comprises three bedrooms, one bathroom and a functional floorplan designed for comfortable day-to-day living. Timber flooring flows throughout the home, while a centrally positioned living area is equipped with split-system heating and cooling for year-round comfort. The bathroom includes a bathtub, and a rear deck provides a pleasant outdoor space overlooking the expansive backyard.
Beyond the home itself lies the true value of the offering. The substantial rear yard provides ample space for future redevelopment, with the proposed five-dwelling concept highlighting the site's development potential. Purchasers have the flexibility to generate rental income from the existing home while progressing plans, commence development in the future, or simply secure a sizeable parcel of land in a location poised for ongoing growth.
Conveniently positioned within close proximity to Corio Village Shopping Centre, local schools, parklands and public transport, the property offers strong lifestyle appeal for future residents. Easy access to the Princes Highway and Geelong Ring Road ensures seamless connectivity to the Geelong CBD, Melbourne and surrounding employment hubs, further underpinning the site's long-term investment credentials.
Combining a substantial north-facing allotment, future development potential, existing holding income possibilities and a location that continues to benefit from Geelong's growth, this is a rare opportunity to secure a property with both immediate appeal and outstanding future prospects.
The size of Corio is approximately 19.1 square kilometres. There are 36 parks, covering nearly 8.8% of the 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 8,084 properties. Over the last 5 years, Houses in Corio have seen a 34.00% increase in median value, while Units have seen a 33.77% increase. As at 31 May 2026:
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