Corio, 3214 ranked 548th in VIC when comparing growth in median property values or capital gain over the last 12 months. Corio is one of 2098 in our list for VIC
A 6.58% growth in median value for property investors in Corio,3214 puts this suburb at number 358th in terms of best performing suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Corio itself are offering an average vendor discount of -6.73% to real estate investors.
Corio, 3214’s gross rental yield is 5.56%
VIC has seen average median house prices change by 3.63% which means that Corio, 3214 has done well for property investors by showing a capital gain of 1.69% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Corio comes in at number 353th in VIC.
LACK OF BUYER INTEREST may well be the reason that Corio is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 143th in terms of most discounted suburbs in VIC
Residents and property investors in Corio have been waiting around 98.04 days to sell a property.
Using the current median advertised rental of $230 and the average annual increase in value of a median property of 3.68%, investors should hope to achieve an overall return of 5.70%