Real Estate Corio Vic 3214

Corio: Quiet, Residential, Friendly, Safe

Housing Market in Corio

Key Corio Metrics & Forecast to 2028

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Geelong	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$426	Bottom 6%	158% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Corio

Corio Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Corio

22.7%

Geelong

30.7%

Compare
Suburbs

Field	Value	VS Geelong	Trend
Development applications	142	Top 16%	554% to Jun 2025
Developments	0.1	Bottom 22%	Data for Jul 2023
Housing Stock Quality Indicator	38.0	Top 18%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	7 lots	Top 30%	133% to Jul 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	38	Top 3%	375% to Feb 2025

Housing Stock Quality in Corio

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Geelong	Trend
Houses	92.6%	Bottom 24%	0% to Jan 2021
Average bedrooms - all homes	2.5	Top 48%	3% to Jan 2021
NBN connection: fibreoptic cable to node	42.6%	Top 8%	Data for Jun 2023

Development Restrictions in Corio

Corio Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Corio

29.0%

Geelong

30.6%

Compare
Suburbs

Field	Value	VS Geelong	Trend
Total area	16.0 sq km	Top 39%	Data for Jan 2021
Heritage overlay total area	0.5 sq km	Top 17%	Data for Jun 2023
Residential density	426 sqm per resident	Bottom 23%	Data for Jan 2021

Risk in Corio

Corio Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Corio

42.3

Geelong

41.0

Compare
Suburbs

Field	Value	VS Geelong	Trend
% Owner Occupied	75.1%	Bottom 10%	2% to May 2023
% Rentals	24.9%	Top 10%	7% to May 2023
Housing Affordability Index	32	Bottom 48%	Data for Jun 2023
Median monthly mortgage	$1,410	Bottom 24%	23% to May 2023
Rent Affordability Index (Houses)	80	Top 36%	Data for Jun 2023
Rent Affordability Index (Units)	73	Bottom 35%	Data for Jun 2023
Mortgage as a percent of income	25.9%	Top 30%	11% to Jan 2021
Mortgaged Dwellings	32.0%	Bottom 31%	13% to May 2023

Housing Demand in Corio

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Corio

80.0%

Geelong

75.8%

Compare
Suburbs

Field	Value	VS Geelong	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	26200	Top 7%	42% to Dec 2036
Historical Population (SA3)	219000	Top 2%	36% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	301000	Top 3%	56% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Corio

Corio Unit Investor Report

Sample Graphic

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Geelong	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$370	Bottom 13%	124% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	84.6%	Top 26%	9% to Mar 2025

Accommodation Options (5)

Realtors (1)

Headline	Place	Datetime
Ritchie Bros Auctioneers Pty Ltd	200 O'Briens Rd

Median House Rental Prices by Street (71)

Level_0	Street	Date	Median rent (per week)
121011	Fairbairn Dr	13 Mar 2025	$390
121065	Gambier Gr	13 Mar 2025	$390
121076	Georgia Gr	13 Mar 2025	$370
120925	Dearborn Pde	13 Mar 2025	$400
121205	Idaho St	13 Mar 2025	$382

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Banksia Sq	10 May 2024	$460,000
Benambra St	10 May 2024	$500,000
Harpur Rd	10 May 2024	$422,500
Harding St	10 May 2024	$479,000
Glendye Ct	10 May 2024	$549,500

LGA Details (1)

Headline	Place	Datetime
Local government area	Greater Geelong

Percent of Renters by Street (100)

Percent of Renters	Street
35.7%	Abelia St
0.0%	Aberdare St
0.0%	Achillea Cl
49.0%	Agathea Cl
81.5%	Ainslie Ct

Median Unit Sale Prices by Street (100)

Date	Median sale value	Street
10 May 2024	$375,000	Purnell Rd
10 May 2024	$345,000	Redfearn Ct
10 May 2024	$362,500	Merlin Cr
10 May 2024	$385,000	Bacchus Marsh Rd
10 May 2024	$411,000	Cox Rd

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
87.3%	Fairbairn Dr	average turnover	Every 11.5 years (average turnover)	2025
40.0%	Appleton Rd	very tightly held	Every 25.0 years (very tightly held)	2025
61.1%	Marilyn Cl	quite tightly held	Every 16.4 years (quite tightly held)	2025
77.5%	Cloverdale Dr	average turnover	Every 12.9 years (average turnover)	2025
182.6%	Voyage Cct	very high turnover	Every 5.5 years (very high turnover)	2025

Planning Applications: Dwellings (31)

Headline	Place	Date
Construction of Two (2) Dwellings & Two (2) Lot Subdivision - City of Greater Geelong 819/2024	19 Kingsley Drive, Corio, VIC	31 Dec 2024
Construction of Ten (10) Double Storey Dwellings and Access to a Road in the Transport Zone 2 - City of Greater Geelong 819/2023	269 & 271 Princes Highway, Corio, VIC	28 Nov 2024
Construction of One Additional Dwelling and Alterations and Additions to the Existing Dwelling - City of Greater Geelong 395/2023	69 Fairbairn Drive, Corio, VIC	02 Nov 2024
To subdivide the land into two lots, with each lot to contain one dwelling. - Streamlined Planning through Electronic Applications and Referrals S237291M	18 Talona Crescent, Corio VIC 3214	10 Oct 2024
Construction of Nine (9) Dwellings and Nine (9) Lot Subdivision - City of Greater Geelong 350/2024	6-7 Lowrey Court, Corio, VIC	26 Sep 2024

Planning Applications: Other (28)

Headline	Place	Date
Buildings and Works Associated with the Installation of an LED Scoreboard - City of Greater Geelong 911/2024	48 Purnell Road, Corio, VIC	08 Nov 2024
Buildings and Works Associated with the Installation of an LED Scoreboard - City of Greater Geelong 911/2024	48 Purnell Road, Corio, VIC	08 Nov 2024
To consolidate multiply titles and removal of easements from the subject land. - Streamlined Planning through Electronic Applications and Referrals S237402B	17-29 School Road, Corio VIC 3214	27 Sep 2024
Construction of One Additional Dwelling and Alterations and Additions to Existing dwelling- including a carport - City of Greater Geelong 394/2023	11 Benambra Street, Corio, VIC	09 Apr 2024
Building and Works Associated with Community Care Accommodation - City of Greater Geelong 352/2022/A	71 Ontario Avenue, Corio, VIC	04 Apr 2024

Planning Applications: Industrial (5)

Headline	Place	Date
Use and Development of the Land for Warehouses & Restricted Retail Premises & Reduction in Car Parking - City of Greater Geelong 1333/2023	12-20 Fairbairn Drive, Corio, VIC	23 Jul 2024
Subdivision (Boundary Realignment), Use and Development of a Warehouse, Construction of a Fence and Reduction in Carparking - City of Greater Geelong 719/2023	123-129 Broderick Road, Corio, VIC	15 Nov 2023
Construction of Fourteen (14) Warehouses, Five (5) Lot Subdivision and Reduction of Car Parking Requirements - City of Greater Geelong 996/2021	8 Innovation Drive, Corio, VIC	04 Mar 2023
Use and Development of a Warehouse including Ancillary Office and Two (2) Lot Subdivision - City of Greater Geelong 70/2021/A	87-91 Prosperity Drive, Corio, VIC	15 Nov 2022
Construction of an Office and Warehouse, Construct and Display Illuminated Business Identification Signage and Reduction of Car Parking - City of Greater Geelong 1392/2021	21-25 Enterprise Drive, Corio, VIC	07 Oct 2022

Businesses (66)

Name	Address
AKB Concreting	2 Booth Ct, Corio VIC 3214, Australia
Bruno's Concreting	21 Goulburn Ave, Corio VIC 3214, Australia
Complete Shotcrete	187 Station St, Corio VIC 3214, Australia
Harcom	350 Forest Rd S, Corio VIC 3214, Australia
SANTARNS	28 Granault Parade, Corio VIC 3214, Australia

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
7 Macedon Ave	$490,000	3.0	1.0	2.0	07 Mar 2025	On Market
15 Granault Pde	$450,500	3.0	1.0	3.0	07 Mar 2025	On Market
74 Princess Rd	$605,000	4.0	2.0	4.0	07 Mar 2025	On Market
20 Detroit Cr	Price Withheld	2.0	1.0	1.0	04 Mar 2025	On Market
8 Browning Dr	$570,000	3.0	1.0	2.0	24 Feb 2025	On Market

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 4, 5 Cleveland Ct	$300	1.0	1.0	0.0	03 Mar 2025
Unit 3, 14 Fiona Ave	$300	1.0	1.0	1.0	31 Jan 2025
Unit 3, 14 Fiona Ave	$300	1.0	1.0	1.0	31 Jan 2025
Unit 3, 14 Fiona Ave	$300	1.0	1.0	1.0	31 Jan 2025
Unit 2, 10 Clavus Rd	$300	1.0	1.0	1.0	17 Jan 2025

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
14 Bottlebrush Ct	$370	3	1	1	05 Mar 2025
14 Bottlebrush Ct	$370	3	1	1	05 Mar 2025
14 Bottlebrush Ct	$370	3	1	1	05 Mar 2025
225 Princes Hwy	$340	3	1	2	04 Mar 2025
78 Vermont Ave	$450	3	1	1	04 Mar 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 3, 24-26 Merlin Cr	Price Withheld	2.0	1.0	1.0	26 Feb 2025	On Market
Unit 3, 24-26 Merlin Cr	Price Withheld	2.0	1.0	1.0	26 Feb 2025	On Market
Unit 3, 24-26 Merlin Cr	Price Withheld	2.0	1.0	1.0	26 Feb 2025	On Market
Unit 3, 24-26 Merlin Cr	Price Withheld	2.0	1.0	1.0	26 Feb 2025	On Market
15a Cabernet Rd	$500,000	3.0	2.0	2.0	07 Feb 2025	On Market