OFF MARKET

12 Massimo Way
Korumburra VIC 3950

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 158m2
Land area: 810m2
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Property Details for 12 Massimo Way, Korumburra

12 Massimo Way, Korumburra is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 810m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last transferred in May 2019.

Building Type
House
Year Built
2014
Floor Size
158m2
Land Size
810m2
Local Government
South Gippsland
Lot/Plan
111/PS622575

Last Listing description (April 2019)

Situated in the extremely popular and family friendly Daisybank estate is this stylish brick veneer home, just under four years old. Whether you're looking to invest in a booming market or seeking an affordable family home, you can't go past this property.
A stylish street frontage complements this homes prominent position on the block, complete with a landscaped front garden, easy to maintain lawn and painted concrete driveway leading up to the remote control double garage.
The spacious master bedroom features a modern ensuite and walk in robe, while the remaining three bedrooms all have built in robes and are serviced by a second family bathroom.

The open plan living, kitchen and dining area is a fantastic space for the whole family to enjoy. A well equipped kitchen features gas cooktop, electric oven and dishwasher plus a walk in pantry. The dining area flows straight out to the undercover alfresco area through a wide glass sliding door.
Climate control within the home is covered by natural gas ducted heating throughout, plus a split system heater/air conditioner in the master bedroom.
You won't find another property of the same age and size for this price in the Daisybank estate, so don't hesitate. The property is currently tenanted to long term tenants and returning $340 per week, making it an ideal investment property.
Call today to book an inspection, but please allow 24 hours notice.

Property History for 12 Massimo Way, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Transferred
30 May 2019
Listed for Rent
$340/w
06 Apr 2016
  • 30 May 2019
    Transferred
  • 26 Apr 2019
    Sold for $386,000
  • 25 Aug 2018
    Listed for Sale $395,000
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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.