Back 199 Bacchus Marsh Road
Off Market

199 Bacchus Marsh Road

Corio VIC 3214

2
1
1
665 m²
House
Last sold for $495,000
Peter NormanPeter Norman, last sold this property on 28 September 2025 after 37 days on market.

Overview

Investors - Subdivision Potential on 664m2

Perfectly positioned in a well-connected pocket of Corio, 199 Bacchus Marsh Road presents an exciting opportunity for Developers, first-home buyers, investors, and renovators alike. Set on a generous 664m² allotment, this neat 2-bedroom home offers comfortable living now, with plenty of scope to add value in the future. This property presents an excellent opportunity for subdivision potential. In 2011, the owner obtained preliminary council approval for a two-lot subdivision while retaining the existing dwelling, demonstrating the viability of such a development. Although this approval has since lapsed, it provides valuable insight into the property's potential. The selling agent holds the supporting documentation and can provide interested purchasers with further detail, offering clarity and assurance for those considering future subdivision plans. Key features: • Two well-sized bedrooms • Central bathroom with separate toilet • Light-filled living area • Practical kitchen and meals zone • Single garage • Expansive backyard with development potential (STCA) For first-home buyers, the property delivers an affordable entry into the market, with everyday amenities just moments away, schools, Corio Village Shopping Centre within walking distance, public transport right next door, and seamless access to the Geelong Ring Road. For investors, the home's location and generous land size offer strong rental appeal and the potential for capital growth, making it an excellent addition to any portfolio. Whether you're looking to move straight in, renovate and create your dream home, or secure a property with long-term investment prospects, this address ticks all the boxes. *Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.* *Photo ID is required at all open for inspections.*

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
665 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Corio over the last 12 months, the estimated median property value of 199 Bacchus Marsh Road is $492.5k.

Median value
$492.5k
Estimated value range
$305k - $580k
Median days on market
38
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Corio. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 199 Bacchus Marsh Road

2025
Sold
$495,000
Private Sale/Treaty on 28 Sep 2025 by Peter Norman, of Ray White Lara

Happy sellers in Corio

96%
96% of sellers in Corio reported that their sale price either exceeded or met their price expectations.

Corio stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 28 reviews in Corio over the last 12 months.

Local market activity for 2 bedroom houses in Corio

In the last 12 months, 13 two-bedroom houses similar to 199 Bacchus Marsh Road, have been sold.

This represents a 14% increase in two-bedroom houses sales when compared to the previous 12 months.

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