Back 44 Michigan Avenue
Off Market

44 Michigan Avenue

Corio VIC 3214

3
1
5
905 m²
House
Chari Emirzade, Eleni GrinosChari Emirzade, Eleni Grinos, last sold this property on 31 October 2023 after 61 days on market.

Overview

Approved plans for five dwellings.

Prime for development, we present to you an opportunity to secure this 906m2 (approx.) allotment with approved plans and permits for five dwellings. Take advantage of the capital growth forecast for Corio with a number of major infrastructure projects in progress. The plans and permits include: - Two double storey, 2 bedroom, 1 bathroom dwellings, and - Three single storey, 2 bedroom, 1 bathroom dwellings. The original home welcomes you into an oversized living room, adjoining the dining room and kitchen with an abundance of storage. The remainder of the home is made up of three bedrooms, which are serviced by a central bathroom, separate toilet and laundry, with the addition of a study. One of the standout features of this property is the backyard with endless potential for activities or future developments. The location is highly advantageous, being a street away from the Princes Highway, getting you to Melbourne within an hour. Also situated in close proximity to major amenities, public transport, schools and local shops.

Features

3 bedrooms
1 bathroom
5 carspaces
4 open car spaces
1 garage space
905 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 44 Michigan Avenue is $590k.

Median value
$590k
Estimated value range
$410k - $765.5k
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 44 Michigan Avenue

2024
Rented
Undisclosed
Leased on 29 Sep 2024 by Barry Plant - Geelong
2023
Sold
Undisclosed
Private Sale/Treaty on 31 Oct 2023 by Chari Emirzade, Eleni Grinos, of Barry Plant - Geelong

Happy sellers in Corio

95%
95% 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, 235 three-bedroom houses similar to 44 Michigan Avenue, have been sold.

This represents a 1% increase in three-bedroom houses sales when compared to the previous 12 months.

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