FOR SALE
$300,000

1 Swanson Street
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 620m2
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YOUR NEXT PROJECT

Discover your next venture at 1 Swanson Street, Korumburra, a two-bedroom house poised for a transformative touch. Situated on a 620 square metre corner block, this property offers an outstanding opportunity for first home buyers, savvy investors, and skilled renovators ready to realise its full potential.
With its adaptable layout, the residence currently presents two bedrooms with the possibility of a third, catering to your individual needs or design ambitions. Off-street parking adds convenience, while space on the block invites the addition of a shed, perfect for those requiring extra storage or a workshop.
The location could not be more ideal for families or those appreciating community living, with a public park directly opposite, providing outlook and a space for relaxation or play. Moreover, you'll appreciate the easy walking distance (approx. 1.3km) to Korumburra Secondary College and the vibrant Main Street, where a variety of shops and eateries await.
Whether you're eager to embark on a personal renovation project or looking to invest in a property with significant upside potential, 1 Swanson Street offers a blank canvas for you to craft your dream home or a profitable flip. Don't miss this rare find in the heart of Korumburra.
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Property Details for 1 Swanson St, Korumburra

1 Swanson St, Korumburra is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 620m2. The place is currently for sale with AUDDINO FIRST NATIONAL - Korumburra.

Building Type
House
Land Size
620m2

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About Korumburra 3950

The size of Korumburra is approximately 59.9 square kilometres. It has 13 parks covering nearly 1.4% of total area. The population of Korumburra in 2011 was 4,374 people. By 2016 the population was 4,491 showing a population growth of 2.7% in the area during that time. The predominant age group in Korumburra is 60-69 years. Households in Korumburra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Korumburra work in a trades occupation. In 2011, 74.2% of the homes in Korumburra were owner-occupied compared with 73% in 2016.

Korumburra has 3,103 properties. Over the last 5 years, Houses in Korumburra have seen a 73.74% increase in median value, while Units have seen a 61.68% increase. As at 30 November 2024:

  • The median value for Houses in Korumburra is $574,019 while the median value for Units is $441,594.
  • Houses have a median rent of $440 while Units have a median rent of $375.
There are currently 103 properties listed for sale, and 5 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Korumburra.

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George Auddino
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Valentino Auddino
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AUDDINO FIRST NATIONAL - Korumburra
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