1/6 South Railway CrescentKorumburra VIC 3950
Property Details for 1/6 South Railway Cres, Korumburra
1/6 South Railway Cres, Korumburra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 265m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in June 2016.
Last Listing description (June 2016)
Only 3 years young and constructed by highly respected local builder, Garry Dowel, this exciting new development is ideally located next to the IGA supermarket and only a short walk to the main street, restaurants and post office. Unit 1 is approximately 13sq and consists of 2 bedrooms with built-in robes, generous open plan kitchen, dining and lounge, bathroom with separate shower and bath, quality kitchen appliances including dishwasher, ducted natural gas heating, lock-up garage and landscaped surrounds. This would be a great investment with the potential to rent at approx. $250 per week.
Property History for 1/6 South Railway Cres, Korumburra, VIC 3950
- 17 Jun 2016Sold for $250,000
- 30 Mar 2016Listed for Sale $259,000
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0About 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 71.11% increase in median value, while Units have seen a 72.70% increase. As at 31 August 2024:
- The median value for Houses in Korumburra is $563,001 while the median value for Units is $446,306.
- Houses have a median rent of $450 while Units have a median rent of $365.
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