OFF MARKET

1 Henry Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 120m2
Land area: 698m2
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Property Details for 1 Henry St, Korumburra

1 Henry St, Korumburra is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 698m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1960
Floor Size
120m2
Land Size
698m2
Local Government
South Gippsland
Lot/Plan
14/LP3570

Last Listing description (February 2023)

All sensible offers considered!! Korumburra's best buy !!! Not a cent to spend here!!!!
Take advantage of this wonderful opportunity with a great income and wonderful tenants in the meantime and invest with confidence in this beautifully maintained gem located in the heart of Korumburra.
With schools, shops and cafe literally on your doorstep, a lifestyle in Korumburra has never been more enjoyable, easy and convenient.

Sited on 2 Titles, comprising of 3 great bedrooms, large open plan, living, dining and kitchen area, high ceilings and large sunroom/ mud room gives you optional space as a 2nd living zone. A fabulous garden, plenty of off-street parking, pergola and lock up double garage completes this amazing package.
Other features include:
- LED lighting
- Remote garage access
- Reverse Cycle Air- conditioning
- Upgraded kitchen with gas cooking
- Great storage
- Off street parking for a boat, large caravan and trailers
- Landscaped yard
- Easy service road access
- Rural views
- 2 Titles
- 698 sqm approx

Currently tenanted till 23/5/2023
Returning $1521 per month
Inspection by appointment with 48 hours notice

Call Marius Tekin 0425 853 055
or Melissa Weekes 0409 247 881

Property History for 1 Henry St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$460,000
17 Jan 2023
  • 17 Jan 2023
    Sold for $460,000
  • 06 Dec 2022
    Listed for Sale $440,000 - $480,000
  • 28 Dec 2021
    Listed for Sale $489,000
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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 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.

Suburb Insights for Korumburra 3950

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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.