OFF MARKET

1 Mckenzie Court
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 121m2
Land area: 554m2
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Last updated 18 Nov 2024
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Property Details for 1 Mckenzie Ct, Korumburra

1 Mckenzie Ct, Korumburra is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 554m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
House
Year Built
1950
Floor Size
121m2
Land Size
554m2
Local Government
South Gippsland
Lot/Plan
10/LP42634

Last Listing description (September 2017)

With the rising prices, pressure of a lack of properties to rent and first home buyers grant there has never been a better time to buy.
Yes the property is run down and needs A LOT of work but the price reflects that. The home consists of 3 bedrooms, two of which have built in robes. The good sized lounge with open fire adjoins the dining room and kitchen.
The property is located on a corner block in a good location and features a single garage with storage, making this the ideal project for your first home or investment property.

Property History for 1 Mckenzie Ct, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$189,000
24 Aug 2017
  • 24 Aug 2017
    Sold for $189,000
  • 25 Jul 2017
    Listed for Sale $179,000
  • 04 Sep 2015
    Listed for Sale $155,000
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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.