OFF MARKET

1/4 Ruddville Avenue
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 222m2
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Last updated 11 Nov 2024
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Property Details for 1/4 Ruddville Ave, Korumburra

1/4 Ruddville Ave, Korumburra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 222m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
Unit
Year Built
1980
Floor Size
74m2
Land Size
222m2
Local Government
South Gippsland
Lot/Plan
1/RP12659

Last Listing description (August 2017)

Ok, so now I have your attention, yes this two bedroom brick unit has got the most groovy bathroom I have ever seen, but this is the just the beginning of a great relationship. It is very neat with new carpets and new reverse cycle heat/air conditioner, tidy kitchen with gas cooktop and a huge solar power system to alleviate the rising power costs. This is the perfect investment as it would lease for over $200 per week without any problems at all. And that bathroom, it needs to be seen to be believed, come and take a look, it is a classic. The furniture comes with the unit as well!

Property History for 1/4 Ruddville Ave, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$165,000
27 Jul 2017
  • 27 Jul 2017
    Sold for $165,000
  • 11 Jul 2017
    Listed for Sale $169,000
  • 12 Mar 2014
    Sold for $146,009
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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 98 properties listed for sale, and 4 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Korumburra.

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