11 Correa Close, Corio VIC 3214

11 Correa Close, Corio VIC 3214
3 bed 2 bath 2 car house | 130 sqm on 540 sqm lot | family focused modern layout | moderate land with dual parking This house offers a modern family configuration that is less common in Corio’s older housing stock, where smaller detached homes with single bathrooms are more typical. The two bathrooms and two car spaces provide a practical upgrade for families seeking convenience and space, while the 130 square metre internal area supports comfortable living without excessive upkeep. The 540 square metre block strikes a balance between outdoor room and manageable maintenance, making this property best suited to owner-occupier families or upgraders moving from a more basic home. Its layout and size position it as a strong contender in the family-oriented segment of the local market. The price a buyer might pay for this house could be influenced by how the finishes and condition compare to similar modern homes in the area, as no detailed inclusions schedule is available. The moderate land size may limit appeal for those seeking a larger block for sheds or gardens, while the dual parking is a practical advantage that may support value. Any premium or discount should be weighed against the property’s actual presentation and any local factors like school catchments or street amenity, which are not yet confirmed.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 11 Correa Close, Corio VIC 3214
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Market Insight:

Corio presents as a dynamic regional market with robust demand for houses, evidenced by strong sales activity and rapid turnover. This demand is driven by affordability and a healthy buyer appetite, leading to consistent double-digit annual price growth for houses, though the unit segment shows recent quarterly softness. Future growth is underpinned by this sustained demand against limited supply, yet the market’s sensitivity to broader economic conditions and the divergent performance between housing types represent key considerations for prospective buyers.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

538mยฒ

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