FOR SALE
$385,000

Karmai Court
Korumburra VIC 3950

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1405m2
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NEW DEVELOPMENT FOR THE TAKING!

Introducing a fantastic development opportunity at 8/13 Karmai Court, Korumburra, Vic, 3950. Situated on an expansive 1405 square metre plot of land, this prime offering presents developers and investors with the potential to create a stunning 3-bedroom, 2-bathroom residence, complete with a 2-car garage.
The property is perfectly positioned for ease of access to all the essential amenities Korumburra has to offer, while also benefiting from the serene surroundings of a quiet, residential court. With the land already site cut, all that awaits is the realisation of your vision for the perfect home in this coveted locale.
To make the process as seamless as possible, plans and permits are included in the sale, along with structural engineering and energy rating reports. This means the groundwork has been laid for a smooth and hassle-free development experience, allowing you to focus on the most important aspect: creating a beautiful, modern home that will stand the test of time.
With the potential to deliver exceptional returns on investment, this prime piece of land represents a rare and valuable find for developers and investors alike. Don't miss out on the chance to secure a slice of prime real estate in the heart of Korumburra – a town on the rise, increasingly popular with families and professionals seeking a laid-back lifestyle with all the amenities close at hand.
Take advantage of this outstanding development opportunity and contact us today to discuss the potential of 8/13 Karmai Court. With all the hard work already done, it's simply a matter of bringing your vision to life and reaping the rewards of your investment in this prime location.
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Property Details for 8/13 Karmai Ct, Korumburra

Building Type
Land
Land Size
1405m2

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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.

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George Auddino
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Valentino Auddino
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AUDDINO FIRST NATIONAL - Korumburra
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