Back 50 Carmarthen Dr
Off Market

50 Carmarthen Dr

Corio VIC 3214

2
1
2
776 m²
Other
Last sold for $605,000
Joe GrgicJoe Grgic, last sold this property on 14 November 2025 after 45 days on market.

Overview

Rarely do properties with this much potential come to market. Set on approximately 776sqm, this exceptional parcel comes complete with plans and permits for five townhouses, a ready-made development opportunity not to be missed. Adding to its appeal, the site also includes a solid brick veneer home, currently leased to long-term tenants on a month-to-month basis, providing an immediate income stream while you plan your next move. The existing residence offers two spacious bedrooms with built-in robes, along with a third bedroom that has been cleverly converted into a large extended bathroom. A light-filled lounge room is enhanced by a split system for year-round comfort, while the galley-style kitchen provides direct access to the rear yard. Outside, parking is well catered for with space for up to four cars, including a double garage within the secure driveway. Whether you are looking to develop, invest, or simply landbank in a fast-growing pocket of Corio, this property presents exceptional scope and ver

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
776 m² lot size
Other

Estimated Value

Based on this property and similar 2 bedroom other properties sold in Corio over the last 12 months, the estimated median property value of 50 Carmarthen Dr is $507.5k.

Median value
$507.5k
Estimated value range
$337.5k - $605k
Median days on market
24
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 50 Carmarthen Dr

2025
Sold
$605,000
Private Sale/Treaty on 14 Nov 2025 by Joe Grgic, of Harcourts North Geelong
2024
Sold
$445,000
Private Sale/Treaty on 14 Jan 2024 by Kieran Cashin, of Buxton Newtown
2017
Sold
$345,000
23 May 2017 by Theo van Meel, of Burns Archer Realty

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 27 reviews in Corio over the last 12 months.

Local market activity for 2 bedroom other properties in Corio

In the last 12 months, 3 two-bedroom other properties similar to 50 Carmarthen Dr, have been sold.

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