SOLD
RECENT ADVICE
Sold on 25 Apr 2024 for $360,000

12 George Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 583m2
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Property Details for 12 George St, Korumburra

12 George St, Korumburra is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 583m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Korumburra in the last 12 months.

Building Type
House
Land Size
583m2
Local Government
South Gippsland
Lot/Plan
1/TP555864

Last Listing description (April 2024)

Centrally located on George Street with a wonderful view of the rolling hills, this quaint residence would make an ideal first home or reliable investment, with a lot of the big jobs already ticked off and ready for you to bring your paintbrush, roll up your sleeves and make it your own.

With vinyl cladding for easy maintenance, the home has recently been fully restumped with concrete stumps, a new Colourbond roof has been installed, the majority of the wiring and plumbing has been renewed and the baseboards and hot water system have also been replaced. A simple layout features a spacious lounge at the front, separate kitchen/dining area and three great sized bedrooms, all with built-in robes. The central bathroom is functional and there is a separate toilet off the laundry.

The home has split system heating/cooling, gas heating and a surprising amount of storage throughout, plus beautiful timber flooring hiding beneath the carpet just waiting to be revealed and polished. Stepping outside, there are lovely established gardens, a covered alfresco area, spacious carport and a 3m x 3m garden shed with concrete floor.

This is a great opportunity to get your foot on the property ladder and is completely liveable, ready to move in and renovate/upgrade as you go or just give it a quick tidy up and rent it out with an unprecedented demand for rental properties in the Korumburra area and expected rental return of $380 per week.

Looking to buy, sell or rent in South Gippsland? Get in touch with your expert team today and call Jack Gilchrist on 0411 181 577 or Jassy Batrouney on 0428 294 388 or pop into our office at 8/43-49 Little Commercial Street, Korumburra.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 12 George St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$360,000
25 Apr 2024
  • 19 Apr 2024
    Sold for $360,000
  • 05 Feb 2024
    Listed for Sale UNDER CONTRACT - $380,000 - $400,000
  • 15 Aug 2013
    Sold for $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 3,105 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 104 properties listed for sale, and 6 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 108 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

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Contact agent
Jack Gilchrist
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Jassy Batrouney
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AREA SPECIALIST KEYSBOROUGH
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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.