OFF MARKET

1/11 Shellcot Road
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 242m2
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Last updated 11 Nov 2024
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Property Details for 1/11 Shellcot Rd, Korumburra

1/11 Shellcot Rd, Korumburra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 242m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1997
Land Size
242m2
Local Government
South Gippsland
Lot/Plan
1/PS537417

Last Listing description (March 2023)

Centrally located within easy reach of all the Korumburra Township has to offer, this well constructed brick unit will suit those seeking to enter the market, or the astute investor seeking a sound investment.

This extremely neat and tidy unit has two good sized bedrooms, both with BIRs, great open plan kitchen/living area, separate lounge and the comfort of
split system heating and cooling.

Set back from the road with a front garden, the unit has the bonus of
its own driveway into a single garage and to top it off a lovely sized very private rear yard.

Call for a private inspection, this property will not last long.

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Property History for 1/11 Shellcot Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$395,000
24 Feb 2023
  • 24 Feb 2023
    Sold for $395,000
  • 20 Jan 2023
    Listed for Sale $395,000
  • 21 Mar 2016
    Sold for $210,000
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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 3,102 properties. Over the last 5 years, Houses in Korumburra have seen a 65.12% increase in median value, while Units have seen a 66.00% increase. As at 31 October 2024:

  • The median value for Houses in Korumburra is $559,633 while the median value for Units is $443,273.
  • 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, 106 properties were sold in the past 12 months in Korumburra.

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