Back 3/51 Merlin Crescent
Off Market

3/51 Merlin Crescent

Corio VIC 3214

1
1
1
Apartment

Overview

Affordable access to the investment market with high yields.

Priced to allow easy access to the investment market, this unit is currently leased at $185 per week offering one of the highest yields in the area. Positioned to the rear of the block with large open living, built in robes, single car port, additional separate storage room and comfortable private rear courtyard makes this not just high yielding but also a very comfortable package for tenants or owner occupiers. Perfectly located in a popular and quiet pocket of Corio with easy access to Corio Village, the ring road, medical precinct and transport. Price / Location / Yield. This one is offering 3/3. Set the time aside to inspect this weekend

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Corio over the last 12 months, the estimated median property value of 3/51 Merlin Crescent is $290k.

Median value
$290k
Estimated value range
$260k - $325k
Median days on market
8
Estimated value trend
0%
decrease 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 3/51 Merlin Crescent

2022
Rented
Undisclosed
Leased on 07 Apr 2022 by Hayeswinckle Newtown
2016
Sold
Undisclosed
Private Sale/Treaty on 13 Aug 2016

Happy sellers in Corio

94%
94% 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 20 reviews in Corio over the last 12 months.

Local market activity for 1 bedroom apartments in Corio

In the last 12 months, 5 one-bedroom apartments similar to 3/51 Merlin Crescent, have been sold.

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