SOLD
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Sold on 10 Sep 2024 for $430,000

125 Mine Road
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 753m2
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Property Details for 125 Mine Rd, Korumburra

125 Mine Rd, Korumburra is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 753m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Korumburra in the last 12 months.

Building Type
House
Land Size
753m2

Last Listing description (September 2024)

Nestled in a tranquil pocket of Korumburra, this brick home presents a remarkable opportunity for first home buyers and astute investors alike. Boasting a generous 753 square metre flat block with a rear lane. This property promises the perfect blend of comfort and potential.

The residence, is designed with functionality in mind, featuring three bedrooms, two of which benefit from built-in wardrobes, ensuring ample storage space. With the potential of a 2nd bathroom located within the laundry that already has a shower.

An inviting lounge area with hardwood timber flooring offers a warm and welcoming atmosphere, seamlessly flowing into the kitchen. The inclusion of a split system ensures year-round comfort, catering to all seasons with ease.

The current single bathroom layout presents a canvas for the potential addition of a second bathroom, providing scope to tailor the home to personal tastes or future market demands. A garage not only offers secure parking but also doubles as an excellent storage solution for all life's extras.

Situated in a quiet location, this property is an ideal starting point for those looking to enter the property market or for investors seeking to capitalise on a home with solid foundations and room to grow. With the added benefit of low-maintenance surrounds, this home is ready for its next chapter, promising a life of convenience and possibility. Your entry into the property market or next investment is waiting – seize the opportunity to create your own vision in this charming home.

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Property History for 125 Mine Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$430,000
10 Sep 2024
Listed for Rent
$230/w
26 Oct 2012
  • 03 Sep 2024
    Sold for $430,000
  • 21 Jun 2024
    Listed for Sale $430,000 - $450,000
  • 22 Aug 2012
    Listed for Rent - Price not available
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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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