OFF MARKET

42 Rees Road
Jumbunna VIC 3951

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 16249m2
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Property Details for 42 Rees Rd, Jumbunna

Building Type
Land
Land Size
16249m2
Local Government
South Gippsland
Lot/Plan
1/PS822241

Last Listing description (September 2019)

Have you been considering an escape to the country? If its peace and quiet, space and privacy that youre after then look no further. This 4 acre allotment is ideally located in Jumbunna, just 10 minutes from the bustling country town of Korumburra and 15 minutes from the popular beachside destination of Inverloch.
The gently undulating land offers spectacular views of the surrounding countryside, with a planning permit already in place for a custom-designed 4 bedroom home plus a huge shed. The block has power to the pit already, saving you one huge expense! This is a perfect opportunity to utilise the existing plans with your own personal touch and build your forever home in beautiful South Gippsland.

Property History for 42 Rees Rd, Jumbunna, VIC 3951

A timeline of how this property has performed in the market
Last Sold
$335,000
20 Aug 2019
  • 20 Aug 2019
    Sold for $335,000
  • 05 Jul 2019
    Listed for Sale Not Disclosed

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About Jumbunna 3951

The size of Jumbunna is approximately 16.5 square kilometres. It has 1 park. The population of Jumbunna in 2011 was 240 people. By 2016 the population was 118 showing a population decline of 50.8% in the area during that time. The predominant age group in Jumbunna is 60-69 years. Households in Jumbunna are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Jumbunna work in a managers occupation. In 2011, 90.3% of the homes in Jumbunna were owner-occupied compared with 79.2% in 2016..

Jumbunna has 90 properties. Over the last 5 years, Houses in Jumbunna have seen a 67.79% increase in median value. As at 31 October 2024:

  • The median value for Houses in Jumbunna is $954,702.
There are currently 5 properties listed for sale, and no properties listed for rent in Jumbunna on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Jumbunna.

Suburb Insights for Jumbunna 3951

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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.