Back 31 Georgia Grove
Off Market

31 Georgia Grove

Corio VIC 3214

2
1
2
534 m²
House
Last sold for $490,000
Rena ManiatakisRena Maniatakis, last sold this property on 20 March 2026 after 22 days on market.

Overview

Mortgagee auction – prime corner opportunity

Positioned in an established pocket of Corio, this solid brick veneer residence presents a compelling opportunity for investors, developers, and value-driven buyers seeking to capitalise on a mortgagee sale. Set on a generous 534m² (approx.) corner allotment, the home offers three well-proportioned bedrooms and a functional single-level layout, providing scope for renovation, redevelopment or portfolio addition (STCA). The property does require internal renovations, presenting a clear value-add opportunity for those with vision to modernise and unlock its full potential. Whether you are entering the market or expanding your investment holdings, this property represents a strategic acquisition in a proven growth corridor. Convenience is a key highlight. Enjoy immediate access to everyday amenities, all within walking distance, including local shopping precincts, schools, kindergartens, day-care facilities and public transport. The major retail and service hub of Corio Shopping Centre is also just moments away, enhancing both lifestyle appeal and rental desirability. The corner block position further enhances development flexibility and potential upside (STCA), making this an attractive proposition for developers and astute investors alike. Secure a prime Corio opportunity at mortgagee auction and capitalise on the potential to renovate, or redevelop. DISCLAIMER: Please note that all information provided by Jellis Craig is in good faith and derived from sources believed to be accurate and current at the date of publication. Jellis Craig acts as a conduit for this information and advises prospective purchasers to conduct their own inquiries. Jellis Craig will not be liable for any loss resulting from actions or decisions made in reliance on the provided information.

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
534 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 31 Georgia Grove 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 31 Georgia Grove

2026
Sold
$490,000
20 Mar 2026 by Rena Maniatakis, of Jellis Craig 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 26 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 31 Georgia Grove, have been sold.

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

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