At number 2081th in the list of Australian suburbs ordered by increase in median house value over the last year, Corio, 3214 is in the top half with a property value increase of 4.58% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Corio,3214 has racked up an average of 4.58% over the period. This ranks it number 2906th in the whole country for real estate investors looking at median house price increases.
At number 237th of VIC’s most discounted properties, Corio is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Corio is 73th on a list of best yielding suburbs for rents in VIC with a 5.39% return
With a capital gain of -0.73% for the last 12 months, Corio, 3214 has performed for property investments than its average annual 7.93% property growth over the last 5 years.
The five-year average increase in median property values for Corio,3214 has given property investors a potential capital gain of -3.30% across each of those five years.
At number 52th of VIC’s most discounted properties, Corio is in the bottom 20% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.
With the median price for a house in Corio being $205000 and the advertised rent reaching $230 the gross rental yield for property investors calculates out to be 5.83%