Back 50 Paley Drive
Off Market

50 Paley Drive

Corio VIC 3214

732 m²
Land
Last sold for $375,000
Ivan FantelaIvan Fantela, last sold this property on 16 April 2025 after 132 days on market.

Overview

Build or Develop (STCA) in Established and Convenient Pocket

Presenting a rare opportunity to secure land in the heart of an established neighbourhood, located within minutes of a range of local amenities. Occupying 732m2 (approx.) the expansive allotment offers scope to subdivide, develop (STCA) or build a spacious home in a family friendly pocket. Situated a short stroll from all the shopping, entertainment and amenities of Corio Village, local parks and reserves, community facilities, primary and secondary schools, bus stops, you have everything at your fingertips for a convenient lifestyle. Positioned for an easy commute to Melbourne via the highway, Corio Station, or the Ring Road which will also take you on a trip to the coast, less than 15 minutes from the CBD and Avalon Airport, this location allows for excellent accessibility. Representing outstanding value, this is an exceptional opportunity to enter the increasingly popular northern market, offering strong potential for future rewards.

Features

732 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Corio over the last 12 months, the estimated median property value of 50 Paley Drive is $345k.

Median value
$345k
Estimated value range
$132k - $700k
Median days on market
96
Estimated value trend
8%
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 50 Paley Drive

2025
Sold
$375,000
Private Sale/Treaty on 16 Apr 2025 by Ivan Fantela, of Buxton Geelong North Pty Ltd

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 land plots in Corio

In the last 12 months, 7 land plots similar to 50 Paley Drive, have been sold.

This represents a 42% increase in land plots sales when compared to the previous 12 months.

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