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7 Loddon Street

Corio VIC 3214

3
1
2
640 m²
House
Currently for sale - view listing

Overview

Great Entry-Level Investment in Convenient Corio Location

Positioned in a convenient pocket of Corio, this well-maintained weatherboard home presents a fantastic opportunity for investors, first home buyers, or those looking to secure a property on a generous 640m² (approx.) allotment. The home offers three comfortable bedrooms, a central bathroom, and a welcoming living area that flows through to a practical kitchen and dining space. A single car space provides secure parking, while the large backyard offers plenty of room for outdoor enjoyment or future improvements. Currently tenanted on a periodic lease at $370 per week, providing immediate rental income with the flexibility to review and increase the rent. The property also has a rental appraisal of approximately $440 per week, highlighting its strong investment potential. Set on a spacious block and located close to local amenities, this is a great opportunity for buyers looking for solid returns and long-term growth in an established area. Key Features - 3 well-sized bedrooms - Central bathroom - Solid weatherboard home in very good condition - Functional kitchen and living area - Single car space - Generous 640m² (approx.) land size - Currently leased at $370 per week (periodic lease) - Opportunity to increase rent - Rental appraisal: approx. $440 per week - Excellent opportunity for investors or first home buyers Due diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist. Disclaimer: All stated dimensions in the content and photos are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
640 m² lot size
House

Property history for 7 Loddon Street

2023
Rented
Undisclosed
Leased on 21 Jun 2023 by Barry Plant - Geelong
2022
Sold
$515,000
Private Sale/Treaty on 29 Jul 2022 by Ricky Forte, of Geelong Real Estate Co.
2016
Sold
$241,000
Private Sale/Treaty on 14 Jun 2016 by Shane King, of Harcourts North 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 25 reviews in Corio over the last 12 months.

Local market activity for 3 bedroom houses in Corio

In the last 12 months, 262 three-bedroom houses similar to 7 Loddon Street, have been sold.

This represents a 23% decrease in three-bedroom houses sales when compared to the previous 12 months.

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