OFF MARKET

870 Korumburra-Wonthaggi Road
Jumbunna VIC 3951

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 204515m2
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Property Details for 870 Korumburra-Wonthaggi Rd, Jumbunna

Building Type
Land
Land Size
204515m2
Local Government
South Gippsland
Lot/Plan
1/TP650459

Last Listing description (October 2015)

ELDERS KORUMBURRA - 11 Commercial Street, Korumburra
50 Acres of undulating and hilly land ideal for cattle, sheep, goats, horses and tree planting. Neat 2 or 3 bedroom cottage with character is perfect as starter home, weekender or B&B. Lock up workshop plus carport.
A second home on the property is in disrepair so bulldoze or take on a challenge and restore. This property is virtually a blank canvas and is ready for a broad minded and energetic buyer.

Panoramic views of green hills of South Gippsland to Bass Straight. Only 10km from Korumburra is the Jumbunna district, Inverloch 15 mins, Wonthaggi 20 mins and Melbourne 1.5 hours.
For an inspection contact Don Olden 0417 805 312 or Jean O'Loughlin 0428 571 083

Property History for 870 Korumburra-Wonthaggi Rd, Jumbunna, VIC 3951

A timeline of how this property has performed in the market
Last Sold
$399,000
27 Sep 2015
  • 27 Sep 2015
    Sold for $399,000
  • 27 May 2015
    Listed for Sale $399,000

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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 91 properties. Over the last 5 years, Houses in Jumbunna have seen a 81.74% increase in median value. As at 31 January 2025:

  • The median value for Houses in Jumbunna is $991,947.
There are currently 5 properties listed for sale, and no properties listed for rent in Jumbunna on OnTheHouse. According to CoreLogic's data, 5 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.