125 Mine RoadKorumburra VIC 3950
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.
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.
Property History for 125 Mine Rd, Korumburra, VIC 3950
- 03 Sep 2024Sold for $430,000
- 21 Jun 2024Listed for Sale $430,000 - $450,000
- 22 Aug 2012Listed for Rent - Price not available
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0About 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.
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