SOLD
Sold on 18 Feb 2024 for $430,000

1 Munro Court
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 132m2
Land area: 723m2
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Property Details for 1 Munro Ct, Korumburra

1 Munro Ct, Korumburra is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 723m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Korumburra in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
132m2
Land Size
723m2
Local Government
South Gippsland
Lot/Plan
1/TP137376

Last Listing description (April 2024)

Nestled in a quiet court, within close proximity to delightful parks, indoor and outdoor pool facilities and not far from the centre of town, this neat home has a lot to offer the first home buyer or investor.
The home comprises of three bedrooms, two with BIR's and has been re-stumped, re- clad and re-roofed. A cosy living room at the front of the home features polished boards, a solid fuel heater and a reverse cycle air conditioner, plus space for a table and chairs if required. The open plan kitchen provides a meals area or second sitting room, is naturally lit, contains ample storage, has a door leading onto the deck and overlooks the backyard.
A sizeable deck offers a lovely spot to have a barbecue and supervise children or pets playing in the back yard.

There's room to park a caravan in the drive or two cars in either the carport or the shed (with power).

This home would make a great little kick start for first home buyers.

Currently tenanted to an excellent tenant until June. Inspection by appointment on 0407 812 904.

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Property History for 1 Munro Ct, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$430,000
18 Feb 2024
Listed for Rent
$225/w
04 Dec 2013
  • 18 Feb 2024
    Sold for $430,000
  • 05 Feb 2024
    Listed for Sale 435000.00
  • 26 Sep 2013
    Listed for Rent - Price not available
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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 3,101 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.

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