FOR SALE
New Price $360,000

5 Karmai Court
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 157m2
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AFFORDABLE 2 BEDROOM UNIT

Conveniently located within easy reach from the main street, is this comfortable 2-bedroom unit. Currently an excellent investment with the long-term tenant on a periodic lease, this unit would also be an ideal opportunity for a first-home buyer or those who are looking to downsize.
Features of this unit include:
- 2 bedrooms with built in robes.
- The kitchen includes a gas stove, walk-in pantry with good bench and cupboard space.
- Dining area with split system reverse cycle.
- Separate lounge area.
- Central bathroom features a walk-in shower, vanity and toilet.
- Enclosed front porch and courtyard area with lawn.
- Single car garage for secure vehicle storage.
- Only a short walk to the town's shops and cafes.
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Property Details for 5 Karmai Ct, Korumburra

5 Karmai Ct, Korumburra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 157m2. The place is currently for sale with Elders Real Estate Leongatha/Korumburra.

Building Type
Unit
Land Size
157m2

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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 101 properties listed for sale, and 5 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Korumburra.

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Sharon Turton
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Elders Real Estate Leongatha/Korumburra
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