3 Corio Street, Glenroy VIC 3046

3 Corio Street, Glenroy VIC 3046
4 bed house on 697sqm lot| Needs renovate/rebuild| One of Glenroy’s best streets| Family land potential | This four-bedroom house on a 697sqm block suits renovators or developers eyeing family-scale living near schools and shops. Positioned on a deep 45.7m x 15.24m lot in a favoured street, it delivers substantial land for reconfiguration or new build while the existing brick structure offers a large floorplan with multiple living zones and outdoor coverage. The 55% building coverage leaves room for expansion, appealing to buyers who value flexibility in a market where larger blocks command steady demand. Properties like this draw hands-on families or investors comfortable with updates, given the practical proximity to Glenroy’s transport and education hubs. In local terms, similar four-bedroom homes on mid-sized lots hold value through consistent buyer interest from nearby demographics. Its street context enhances appeal, standing out amid typical offerings with generous shedding and pergola space already in place. Long-term, the lot’s size and clean zoning without overlays support enduring holding power as Glenroy’s family market matures. Renovation potential aligns with trends where updated versions of these homes perform reliably in resales. Overall, it fits buyers prioritising land over turnkey condition in this pocket.

Market Insight:

Glenroy is an established northern suburb experiencing significant redevelopment and gentrification. Median house prices typically sit around the mid-$700k to $800k range, with steady growth driven by proximity to the CBD and ongoing townhouse developments. Demand is driven by first-home buyers and investors seeking more affordable alternatives to inner-north suburbs. Rail connectivity and access to CityLink enhance its appeal for commuters.

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

Land

Built

Recent Assessments