Corio is in the bottom 30% in VIC when comparing median price capital growth over the last year. Corio gave property investors a disappointing capital gain figure when compared to the rest of the state, with 2.08%.
A 6.99% growth in median value for property investors in Corio,3214 puts this suburb at number 291th in terms of best performing suburbs in VIC
Our latest figures would indicate that property sellers in Corio are currently offering property investors an average price cut of -6.64% below the asking price at the moment.
With the median price for a house in Corio being $245000 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 5.52%
VIC has seen average median house prices change by 3.56% which means that Corio, 3214 has done well for property investors by showing a capital gain of 4.24% over the last year
Corio, 3214 is offering VIC ‘s 118th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.
Corio, 3214’s gross rental yield is 5.56%