Any thoughts on Corio as an emerging investment area?

Corio in victoria is emerging as one of the hottest investment locations in the country.

http://www.geelongadvertiser.com.au/article/2012/01/18/302361_news.html

Any thoughts? IP in the Corio area, and expected growth values in the next few years?
Question asked via Homely.com.au The opinions expressed here are those of the individual and not those of Ray White.
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Terry Cleary 2yrs+
Currently in some parts of Corio it is cheaper to purchase than rent, however strong returns are being achieve in this suburb.
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The opinions expressed here are those of the individual and not those of Ray White.

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