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Sold on 29 Feb 2024 for $455,000

1 Scott Court
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 578m2
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Property Details for 1 Scott Ct, Korumburra

1 Scott Ct, Korumburra is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 578m2. 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
Land Size
578m2

Last Listing description (February 2024)

Nestled in the heart of Korumburra, 1 Scott Court stands as a testament to comfortable living in a prime location. This charming three-bedroom house, set on a generous 579 square metre parcel of land, is perfectly tailored for first-time home buyers and investors alike.

As you step inside, you're greeted by a welcoming atmosphere that speaks of home. Each bedroom is thoughtfully appointed with built-in wardrobes, offering ample storage for a growing family or a savvy investor looking to attract discerning tenants. The well-maintained bathroom serves as a tranquil retreat, ensuring privacy and relaxation.

The heart of this residence is undoubtedly the living area, seamlessly connected to the kitchen, where a split system ensures the comfort of inhabitants throughout the changing seasons. The property boasts a fully fenced perimeter, offering not only security but for weekend gardening enthusiasts to indulge in their passion, adding to the already present garden appeal.

Vehicle accommodation is plentiful with a single car garage and additional off-street parking spaces, accommodating a total of two cars. The convenience of this home is further elevated by its proximity to the bustling main street and the anticipation of a new IGA store, enhancing the potential for capital growth and rental yield.

1 Scott Court is more than just a house; it's an opportunity for a lifestyle of ease and accessibility, a chance to plant roots in a community-centric locale. Whether you're stepping onto the property ladder or expanding your investment portfolio, this gem in Victoria's serene countryside is a prospect not to be missed.

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Property History for 1 Scott Ct, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$455,000
29 Feb 2024
  • 14 Feb 2024
    Sold for $455,000
  • 31 Aug 2015
    Sold for $265,000
  • 13 Jun 2014
    Listed for Sale Not Disclosed
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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 3,103 properties. Over the last 5 years, Houses in Korumburra have seen a 73.74% increase in median value, while Units have seen a 61.68% increase. As at 30 November 2024:

  • The median value for Houses in Korumburra is $574,019 while the median value for Units is $441,594.
  • Houses have a median rent of $440 while Units have a median rent of $375.
There are currently 103 properties listed for sale, and 5 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Korumburra.

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