50 Carmarthen DriveCorio VIC 3214
Property Details for 50 Carmarthen Dr, Corio
50 Carmarthen Dr, Corio is a 2 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 776m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom House sold in Corio in the last 12 months.
Last Listing description (October 2025)
Rarely do properties with this much potential come to market. Set on approximately 776sqm, this exceptional parcel comes complete with plans and permits for five townhouses or keep the existing home and look to add 1-2 dwellings to the rear. Depending on your position either option makes for a ready-made development opportunity not to be missed.
Adding to its appeal, the site also includes a solid brick veneer home, currently leased to long-term renters providing an immediate income stream while you plan your next move.
The existing residence offers two spacious bedrooms with built-in robes, along with a third bedroom that has been cleverly converted into a large extended bathroom (easy to convert back). A light-filled lounge room is enhanced by a split system for year-round comfort, while the galley-style kitchen provides direct access to the rear yard. Outside, parking is well catered for with space for up to four cars, including a double garage within the secure driveway.
All of this is located within walking distance to Corio Village with all yours shopping, entertainment and even things you require like a solicitor are offered, both St Francis Xavier and Northern Bay College are close and with bus stop s and ring road access near by it adds to the opportunity, whether you are looking to develop, invest, or simply landbank in a fast-growing pocket of Corio, this property presents exceptional scope and versatility. Opportunities like this don't last long, make this one yours today.
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
Property History for 50 Carmarthen Dr, Corio, VIC 3214
- 24 Oct 2025Sold for $605,000
- 30 Sep 2025Listed for Sale $605,000
- 14 Jan 2024Sold for $445,000
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 8,078 properties. Over the last 5 years, Houses in Corio have seen a 41.96% increase in median value, while Units have seen a 47.19% increase. As at 31 December 2025:
- The median value for Houses in Corio is $554,105 while the median value for Units is $459,895.
- Houses have a median rent of $430 while Units have a median rent of $380.
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