SOLD
Sold on 27 Aug 2024 for $534,000

135 Korumburra-Bena Road
Korumburra VIC 3950

Bedrooms: 1
Bathrooms: 1
Car spaces: 4
Floor area: 120m2
Land area: 40000m2
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Property Details for 135 Korumburra-Bena Rd, Korumburra

Building Type
Land
Year Built
1980
Floor Size
120m2
Land Size
40000m2
Local Government
South Gippsland
Lot/Plan
3/LP219036

Last Listing description (September 2024)

A rare opportunity to purchase a vacant 4 hectares (9.884 acres) property on a bitumen road just minutes from Korumburra Township, the majority of the land is flat with a gentle slope from front to back, dam 1 at the front of block and dam 2 at the rear, with lush green pasture and fully fenced this property could be the ultimate life style change, perfect for the hobby farmer or horse owner.
Parcels of land like this are near impossible to find, take advantage of the lovely aspect with views over the rolling hills, build your dream home (STCA), then unwind and escape the rat race in the gorgeous rural setting.

Property History for 135 Korumburra-Bena Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$534,000
27 Aug 2024
  • 27 Aug 2024
    Sold for $534,000
  • 02 Jul 2024
    Sold for $830,000
  • 26 May 2023
    Listed for Sale $1,390,000
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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 3,103 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 101 properties listed for sale, and 5 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 104 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.