FOR SALE
$385,000

5/11 Shellcot Road
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 208.2614m2
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Perfect down-sizer or investment.

Tucked away at the back of a neat unit complex, this two bedroom home would suit those looking for low maintenance living. Situated within an easy walking distance to the centre of town, schools and childcare facilities, this is an affordable option if you're looking to move to something smaller, step into the investment scene or simply to stop paying rent and own your own home.
The lounge, kitchen and dining area are sizeable, R/C air con, the bedrooms have built in robes and the main bathroom also acts as an ensuite for the main bedroom. Sliding doors open up onto a low maintenance yard and a single car garage services the property for vehicle storage.
Contact Christie for an inspection on 0407 812 904
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Property Details for 5/11 Shellcot Rd, Korumburra

5/11 Shellcot Rd, Korumburra is a 2 bedroom, 1 bathroom Unit with 3 parking spaces. The property has a land size of 208.2614m2. The place is currently for sale with @realty.

Building Type
Unit
Land Size
208.2614m2

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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 102 properties listed for sale, and 4 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

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Christie Nelson
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@realty
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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.