OFF MARKET

12 Bailey Street
Korumburra VIC 3950

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 8796m2
Land area: 8803m2
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Property Details for 12 Bailey St, Korumburra

12 Bailey St, Korumburra is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 8803m2 and floor size of 8796m2. While the property is not currently for sale or for rent, it was last sold in February 2012.

Building Type
House
Year Built
1970
Floor Size
8796m2
Land Size
8803m2
Local Government
South Gippsland
Lot/Plan
3/LP134231

Last Listing description (February 2012)

PRIVATE FARMLET IN TOWN
Very private property on over 2 acres and only a few minutes walk from the centre of Korumburra township. Surrounded by a nature playground of established native trees, gardens. The home consists of 2 living areas with soild fuel heating and split system heating and air conditioning, kitchen with dishwasher, gas cooktop and electric wall oven, 4 bedrooms with built-in robes, master bedroom with ensuite and walk-in robe, laundry and main bathroom. Outside you will find a fully enclosed outdoor entertaining area with open fire place, double carport, lock-up workshop, chook shed, wood shed and secure dog yard. Town water, town sewerage and good fencing complete this beautiful property.

Property History for 12 Bailey St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$355,000
09 Feb 2012
  • 09 Feb 2012
    Sold for $355,000
  • 02 Nov 2011
    Listed for Sale 379000
  • 01 Apr 2009
    Transferred
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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.