FOR SALE
$250,000 - $275,000

4A Leongatha Road
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 419m2
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The Block: Korumburra Edition

Set within an easy walking distance to the main street, this quaint 2 bedroom home is in need of loving to bring it back to it’s former glory but offers a great opportunity to get into the market or invest for the future, with a long-term tenant happy to stay on.
The simple layout offers an open plan lounge, kitchen and dining area, two bedrooms (including master with built-in robe) and a central family bathroom. The functional kitchen offers an upright gas stove and plenty of storage, plus there is a split system heater/air conditioner to keep you comfortable year-round.
Hardiplank cladding on the exterior is low-maintenance, there is an energy-efficient heat pump hot water system installed and concrete stumps underneath. The 419m2 block is low maintenance and enjoys side-access from Rocco Lane, as well as driveway access from Leongatha Road with a single carport at the rear.
There is no hiding the fact that this property needs some serious attention but with a fresh coat of paint and some new floor coverings, you’re well on your way to a great little home. The savvy investor may choose to keep the existing tenant for an instant income and renovate down the track.
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 4a Leongatha Rd, Korumburra

4a Leongatha Rd, Korumburra is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 419m2. The place is currently for sale with AREA SPECIALIST KEYSBOROUGH.

Building Type
House
Land Size
419m2

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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.

Suburb Insights for Korumburra 3950

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Jack Gilchrist
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Jassy Batrouney
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AREA SPECIALIST KEYSBOROUGH
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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.