Located 9km north of Geelongβs CBD, Corio is an affordable and high-demand suburb that is gaining traction among investors, first-home buyers, and families. Known for its well-connected transport options, strong rental yields, and growing development projects, Corio is shaping up to be one of the best-value suburbs in Geelong.
With a median house price of $525K and rental yields of 4.26%, Corio presents a solid investment opportunity with long-term growth potential. π
Letβs explore why Corio is a suburb to watch in 2024.
π Location: 9km from Geelong CBD, 59km from Melbourne
π‘ Vibe: Affordable, diverse, well-connected
π« Schools: Northern Bay College, St Francis Xavier Primary, Covenant College
ποΈ Amenities: Corio Village Shopping Centre, local markets, and community hubs
π Transport: Geelong Ring Road access, train station, multiple bus routes
π³ Parks & Recreation: Stead Park, Waterworld Aquatic Centre, sporting facilities
π‘ Corio offers an affordable entry point for buyers and investors, with strong infrastructure and excellent transport links.
π Interested in Corio? Book a free consult with our team today!
π‘ Median House Price: $525,000
π Median Weekly Rent (Houses): $430
π’ Median Unit Price: $354,000
πΈ Gross Rental Yield (Houses): 4.26%
π Rental Vacancy Rate: 1.65%
π’ Market Snapshot:
Affordable house prices make Corio a top choice for first-home buyers and investors.
High rental yields of 4.26% provide strong cash flow potential for landlords.
Low vacancy rates (1.65%), indicating strong tenant demand and a competitive rental market.
Projected ROI between -2% to 18%, meaning high potential for capital appreciation.
π Investment Hot Take: With high rental yields and low vacancy rates, Corio is an ideal suburb for investors looking for cash flow and long-term growth.
πΉ First-Home Buyers: Corio offers a low-cost entry into the property market with excellent transport and amenities.
πΉ Investors: High rental demand, strong yields, and future growth potential make it a smart investment choice.
πΉ Budget-Conscious Buyers: Great value homes just minutes from Geelongβs CBD, with plenty of potential for capital growth.
π Want expert insights? Speak to our team for a tailored property investment strategy!
π« Schools & Education: Northern Bay College, Covenant College, and St Francis Xavier Primary π
ποΈ Shopping: Corio Village Shopping Centre, local specialty stores, and weekly markets π
π³ Parks & Recreation: Stead Park, Waterworld Aquatic Centre, and multiple sports clubs π΄
π Transport: Easy access to Geelong Ring Road, train station, and multiple bus routes π
π‘ Corio offers an affordable, well-serviced lifestyle, making it a great place to live or invest.
π Corio is poised for future growth, thanks to:
βοΈ Infrastructure investments improving transport and amenities
βοΈ Affordable housing attracting first-home buyers and investors
βοΈ Ongoing development projects in the Geelong region
π With strong demand for affordable housing, Corio is expected to see continued property price growth and rental market strength.
π£ βCorio is one of Geelongβs most affordable suburbs, offering high rental yields, strong tenant demand, and future growth potential. Investors looking for positive cash flow properties should consider this suburb.β β TradeView Property
π‘ Pro Tip: With property prices still below Geelongβs median, now is the time to secure a well-located home or investment property in Corio before prices rise further.
π Whether youβre a homebuyer, investor, or looking for a high-yield suburb, Corio offers excellent value and strong investment fundamentals.
π Want expert advice on buying in Corio?
βοΈ Book a free call with our buyersβ agents
βοΈ Get a customised property investment plan
βοΈ Find the best deals before prices increase further!
π Click here to schedule your free session. π
Corio is a strong investment suburb, offering:
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Affordable homes & strong rental demand
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Excellent transport & shopping amenities
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High growth potential with increasing buyer demand
π Thinking about buying in Corio? Let us help you secure the right property at the right price.
π© Get in touch now!