FOR SALE
New Price $360,000

4 Karmai Court
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 163m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

IDEAL RESIDENTIAL INVESTMENT

Situated just a short stroll from Korumburra's main street, this affordable 2-bedroom unit offers a perfect blend of comfort and convenience. Currently serving as a great investment with an excellent return from the fixed term lease, this property also presents an ideal opportunity for first-home buyers looking to step into the property market or those seeking a cosy space to downsize.
Features of this unit include:
- 2 bedrooms with built in robes.
- Well-appointed kitchen features a gas stove, walk-in pantry with good bench and cupboard space.
- Separate lounge which is bright, light and includes a split system reverse cycle.
- Central bathroom includes a walk-in shower, vanity and toilet.
- Courtyard area with lawn.
- Single car garage for secure vehicle storage.
- The unit is situated within a short walk to the town's shops and cafes.
- Located 10 mins Leongatha, 20 mins Inverloch and only 1 hour to Melbourne's South-eastern suburbs.
See MoreView Statement of Information

Property Details for 4 Karmai Ct, Korumburra

4 Karmai Ct, Korumburra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 163m2. The place is currently for sale with Elders Real Estate Leongatha/Korumburra.

Building Type
Unit
Land Size
163m2

Commute Calculator

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 98 properties listed for sale, and 4 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Korumburra.

Korumburra Profile Page

Suburb Insights for Korumburra 3950

Visit Korumburra profile page
Market Insights
Korumburra Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Korumburra Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Korumburra profile page
Contact agent
Sharon Turton
Show contact details
Call agent
Don Olden
Show contact details
Call agent
Elders Real Estate Leongatha/Korumburra
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED