OFF MARKET

11 Hannah Rise Crescent
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Floor area: 137m2
Land area: 870m2
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Last updated 30 Sep 2024
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Property Details for 11 Hannah Rise Cres, Korumburra

11 Hannah Rise Cres, Korumburra is a 3 bedroom, 3 bathroom House and was built in 2024. The property has a land size of 870m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
2024
Floor Size
137m2
Land Size
870m2
Local Government
South Gippsland
Lot/Plan
6/PS523264

Last Listing description (August 2023)

A great opportunity to purchase a ready to build on block of 873m2 in one of Korumburra's most popular estates containing quality homes, quiet surrounds and family park. With lovely town & country views the land is fenced on 2 sides, it has all services available with power, gas, water and sewerage and protective covenants will ensure value in your investment. Blocks of this value and size are becoming few and far between, so make the most of the realistic price before it's too late!

Property History for 11 Hannah Rise Cres, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$180,000
18 Jul 2023
  • 18 Jul 2023
    Sold for $180,000
  • 28 Jun 2023
    Listed for Sale $185,000
  • 01 Jun 2020
    Sold for $140,000
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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 3,101 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 103 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.

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.