13 Macqueen AvenueKorumburra VIC 3950
Property Details for 13 Macqueen Ave, Korumburra
13 Macqueen Ave, Korumburra is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 818m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Korumburra in the last 12 months.
Last Listing description (March 2024)
Introducing a fantastic investment opportunity at 13 Macqueen Avenue, Korumburra, Victoria, 3950. This delightful 3-bedroom, 1-bathroom house is ideally situated on a generous 815 square metre flat block, perfect for investors looking to capitalise on future development potential.
Nestled within walking distance of Korumburra's vibrant main street, reputable local schools and convenient daycare centres, this property boasts a prime location for families and professionals alike. With long-term tenants already in place and tenanted until 16/09/2024, this is a hassle-free investment that is sure to impress.
The charming residence offers comfortable living spaces and functional design, with potential for further enhancement to suit the discerning investor. The expansive block provides ample outdoor space for tenants to enjoy, while the flat terrain ensures ease of maintenance and lays the foundation for possible future development (STCA).
As Korumburra continues to thrive and grow, 13 Macqueen Avenue presents a unique investment opportunity in this sought-after pocket of Victoria. The property's excellent location, secure tenancy and development potential combine to create an enticing package for savvy investors.
Don't miss out on this rare chance to secure a solid investment in a flourishing area. Contact us today to arrange a private inspection or for more information about this incredible opportunity at 13 Macqueen Avenue, Korumburra.
Property History for 13 Macqueen Ave, Korumburra, VIC 3950
- 26 May 2024Sold for $440,000
- 25 Oct 2023Listed for Sale $465,000
- 07 Jun 2021Sold for $350,000
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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 3,102 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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