Back 29 Teleta Cres
Off Market

29 Teleta Cres

Corio VIC 3214

3
1
2
631 m²
House
Last sold for $620,000
Ali BandariAli Bandari, last sold this property on 10 May 2026 after 24 days on market.

Overview

Prime Block with Unlimited Potential with Plans Permit Approved for 4 townhouse.

Welcome to 29 Teleta Crescent, Corio — a rare opportunity for first home buyers, investors, and developers to secure a property with genuine upside in a rapidly growing location. Set on a generous allotment, this property offers immediate comfort with incredible scope to add significant value over time. Whether you’re looking to renovate, extend, or redevelop (STCA), the possibilities here are endless. Importantly, the property previously had plans and permits approved for four townhouses, presenting a fantastic head start for developers. There is also the opportunity to extend these permits for a further two years (STCA), allowing you to step straight into a project without starting from scratch. Inside, the home features a practical layout with well-sized bedrooms, a light-filled living area, and a functional kitchen. The expansive backyard provides the perfect canvas for future improvements, whether that’s additional dwellings, a granny flat, or a complete redevelopment. Located in a quiet, family-friendly pocket, you’re just moments from local schools, shopping centres, public transport, and have easy access to the Princes Highway—making commuting to Geelong CBD or Melbourne easy and convenient. Key Features: - Generous land size with strong development potential (STCA) - Previously approved plans & permits for 4 townhouses - Potential to extend permits for a further 2 years (STCA) - Excellent opportunity to renovate and add value - Spacious backyard with scope for further development - Ideal for investors, developers, or savvy buyers Due diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist. Disclaimer: All stated dimensions in the content and photos are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
631 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Corio over the last 12 months, the estimated median property value of 29 Teleta Cres is $575k.

Median value
$575k
Estimated value range
$360k - $718k
Median days on market
27
Estimated value trend
20%
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 29 Teleta Cres

2026
Sold
$620,000
10 May 2026 by Ali Bandari, of Area Specialist Geelong
2023
Rented
Undisclosed
Leased on 30 Jul 2023 by Barry Plant - Geelong
2022
Rented
Undisclosed
Leased on 13 Apr 2022 by Barry Plant - Geelong

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 23 reviews in Corio over the last 12 months.

Local market activity for 3 bedroom houses in Corio

In the last 12 months, 246 three-bedroom houses similar to 29 Teleta Cres, have been sold.

This represents a 15% decrease in three-bedroom houses sales when compared to the previous 12 months.

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