Corio is an average performer in VIC when comparing median price capital growth over the last year. Corio gave property investors a good capital gain figure when compared to the rest of the state, with 15.23%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Corio has increased when compared to the 5 year average annual rate.
The most recent median price for Corio is $280000, with sellers offering an average of -4.29% off the asking price.
If you compare the increase in value of investment property in Corio, 3214 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 7.44%.
Corio,3214 has offered an average of 7.44% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Corio, 3214. Typically our figures indicate that -6.99% is being offered, which puts this VIC suburb at 280th most discounted overall in Australia.
Corio, 3214’s gross rental yield is 4.84%