FOR SALE
UNDER CONTRACT - $275,000

22 Macqueen Avenue
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 720m2
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The Brief: Renovator’s Delight or Development Site!

Ideally set in a central location within walking distance to all that Korumburra has to offer, this tired old home sits on a large 720m2 block and is ready and waiting for a new lease on life. If you’ve been looking for your next project or an ideal subdivision site with development potential (STCA), this is well worth your consideration.
The original two bedroom weatherboard residence is in need of renovations to bring it back to it’s former glory. A functional floorplan offers a large lounge with fireplace, two good sized bedrooms and a central family bathroom with shower over bath. The kitchen has an electric upright stove and floor to ceiling cabinetry.
The large backyard is a blank canvas and has the added bonus of rear laneway access and wide access down the side.
There is no hiding the fact that this is a big project and is definitely not one for the inexperienced renovator, however for those who are brave enough to roll up their sleeves, this is a great opportunity to build equity and you’ll have a lovely little home when you’re finished. For more information or to book an inspection, give us a call today.
Looking to buy, sell or rent in South Gippsland? Get in touch with your expert team today and call Jack Gilchrist on 0411 181 577 or Jassy Batrouney on 0428 294 388 or pop into our office at 8/43-49 Little Commercial Street, Korumburra.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.
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Property Details for 22 Macqueen Ave, Korumburra

22 Macqueen Ave, Korumburra is a 2 bedroom, 1 bathroom House. The property has a land size of 720m2. The place is currently for sale with AREA SPECIALIST KEYSBOROUGH.

Building Type
House
Land Size
720m2

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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 3,102 properties. Over the last 5 years, Houses in Korumburra have seen a 65.12% increase in median value, while Units have seen a 66.00% increase. As at 31 October 2024:

  • The median value for Houses in Korumburra is $559,633 while the median value for Units is $443,273.
  • Houses have a median rent of $440 while Units have a median rent of $375.
There are currently 101 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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