OFF MARKET

1/50 Princes Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 158m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

Property Details for 1/50 Princes St, Korumburra

1/50 Princes St, Korumburra is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2011. The property has a land size of 158m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Townhouse
Year Built
2011
Floor Size
116m2
Land Size
158m2
Local Government
South Gippsland
Lot/Plan
1/PS640585

Last Listing description (April 2020)

Are you in the market for a spacious townhouse? If so this may just be the one!

This 3 bedroom townhouse is located at the front of the complex and consists of 3 split levels with high ceiling through the entry, giving the property character you don't normally see in a modern build.

The kitchen is fitted with stainless steel appliances including under bench oven and dishwasher, great bench space and plenty of storage options with corner pantry and overhead cupboards. The dining area suits a large family table, which is neatly tucked around the corner from the light filled living room.

All 3 bedrooms are spacious and have BIR/WIR's with the master also having a lovely en-suite. The home is warmed with ducted natural gas heating throughout and cooling is via 2 split systems. The entire house is fitted out with double blinds offering great privacy and blockout.

The oversized double garage is remote controlled with direct access into the home, and adjoins the extra large study that doubles as a laundry. Outisde the courtyard is very private, the perfect place to sit on a summers evening.

This property is well set up for those looking to lower their living expenses with a large 4.8 kw solar set-up and 2 water tanks that hold a total of 12,000.

Built by a well recognised local builder, this property is located only a stroll from the local primary school and main street.

Property History for 1/50 Princes St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$375,000
25 Nov 2019
Listed for Rent
$280/w
15 Jan 2013
  • 25 Nov 2019
    Sold for $375,000
  • 24 Jun 2019
    Listed for Sale PRICE REDUCTION!! $395,000
  • 29 Nov 2014
    Sold for $320,000
Sign in to see more transactions

Commute Calculator

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 3,101 properties. Over the last 5 years, Houses in Korumburra have seen a 69.05% increase in median value, while Units have seen a 64.09% increase. As at 30 September 2024:

  • The median value for Houses in Korumburra is $559,191 while the median value for Units is $441,878.
  • Houses have a median rent of $450 while Units have a median rent of $365.
There are currently 102 properties listed for sale, and 3 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

Market Insights
Korumburra Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Korumburra Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.