Lot 20-030-/172 Matthews Rd, Corio is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1234m2.
Presenting this exciting opportunity with three lots being sold individually for $170,000 each.
Complete with approved plans and permits to build 3 x 3 bedroom townhouses if you purchaser all three lots together. All the hard work has been done for you, everything is ready to start building this is an extremely attractive development opportunity to construct and reap in the rental return or sell the finished townhouses individually, either way the potential that this new project possesses is sure to benefit the new owner in the future.
Location is ideal, just a short drive to the Corio Shopping Centre, excellent schools for all ages & sporting facilities nearby, easy access to public transport as well as close proximity to the Ring Road and Princes Highway, this home really does have it all!
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 8,081 properties. Over the last 5 years, Houses in Corio have seen a 36.79% increase in median value, while Units have seen a 39.23% increase. As at 30 April 2026:
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