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Corey Allan.

Queensland Origin fullback Corey Allan is the latest target of Trent Barrett's Belmore rebuild with the Bulldogs discussing an immediate shift for the rising Rabbitoh.

Allan is understood to have a three-year offer in the works to join Canterbury in 2021, having entered discussions with South Sydney's permission.

Neither club has commented on Allan's future, however, it's understood talks are progressing well and could result in Allan arriving at Canterbury before the end of the month.

The 22-year-old has had Wayne Bennett's permission to explore his options elsewhere since the end of the 2020 season, which saw Allan's stocks rise in rapid fashion.

Having impressed as Latrell Mitchell's fullback replacement the Rabbitohs reluctantly acknowledged he would have to move on to wear his favoured No.1 jumper.

Analysing the Bulldogs' 2021 draw

Canterbury presents an opportunity to do just that given Barrett's ongoing overhaul since arriving from Penrith.

The three-year deal in front of Allan would tie him to the Bulldogs until the end of 2023 and see him join the likes of Nick Cotric, Kyle Flanagan and Jack Hetherington as off-season recruits.

NSW Origin star Josh Addo-Carr is also due to arrive from Melbourne in 2022 alongside Panthers playmaker Matt Burton, with Penrith insisting he will not be released early to join Canterbury.

Allan's signing would likely see him take up the fullback role that has been rotated between Dallin Watene-Zelezniak, Will Hopoate and Nick Meaney in recent seasons.

The Bulldogs' 2020 season in review

Allan made his Origin debut under Bennett as the Maroons No.1 in their game three upset of NSW.

Addo-Carr had indicated during talks with Wests Tigers that he also desired a switch to the back, with an initial Tigers offer including financial incentives that would be unlocked if he played a certain number of games at fullback.

It's understood that no such incentives exist in Addo-Carr's four-year Bulldogs deal, and that no commitment was made for him to take up a fullback role.