Corio at a glance
15,777
People
$610,000
Median sale
$429/wk
Median rent
3.66%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
VIC › Corio › Bacchus Marsh Rd
0
Bedrooms
2
Bathrooms
0
Car spaces
658 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Corio (last 5 years) with land size have a median of $890/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Corio at a glance
15,777
People
$610,000
Median sale
$429/wk
Median rent
3.66%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $429/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Corio at a glance
15,777
People
$610,000
Median sale
$429/wk
Median rent
3.66%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath Geelong | NewtownPositioned on a prominent 658 sqm approx. site in Corio's northern growth corridor, this former Meals on Wheels distribution centre presents a versatile opportunity for developers, investors, and business owners alike.
Zoned General Residential with a Special Building Overlay, the site offers exceptional flexibility for a wide range of future uses (STCA), including medical, childcare, education, food manufacturing, or residential development. The existing structure is currently configured for food preparation, though the internal fit-out can be refurbished, redesigned or removed entirely, depending on the intended use.
The current building is Classification 8 – 'can be used for production, assembling, altering, repairing, finishing, packing, or cleaning of goods or produce.'
Developers will value the site's residential development potential, investors its broad adaptability and strategic location, and business owners can leverage the current layout or tailor the space to suit their operational needs. The high-profile position and exposure to passing traffic also offer excellent opportunities for branding and visibility.
Surrounded by established residential neighbourhoods, the property is conveniently located within walking distance of Northern Bay College, Corio Bay Secondary College, Corio Village Shopping Centre, Shell Club, Goldsworthy Reserve and the Norlane Aquatic Centre. With direct access to a major arterial road, the site enjoys seamless connectivity to Geelong, Melbourne, and the broader Western District.
Whether you're looking to occupy, renovate, or redevelop, this is a unique opportunity to secure a well-positioned site with outstanding future potential (STCA).
- Occupies 658 sqm approx.
- Zoned General Residential with Special Building Overlay
- Includes stainless steel benchtops and sinks
- Contains a commercial-grade cool room
- Tea room and two separate w/c
- Classification 8 building
Listing description written by Jim Cross, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.