15 Gordon St, Korumburra is a 3 bedroom, 1 bathroom House. The property has a land size of 1405m2. While the property is not currently for sale or for rent, it was last sold in August 2010.
On a massive site, 20 by 70 Mtrs with rear lane access and within walking distance to the shops. My recommendation is buy the property, we will be able to provide you with a good tenant, then forget about development for now, let the tenant assist you to pay for the property and one day further down the track, sell the house for removal and subject to council approval go ahead and develop this site as a quality unit development. Remember that you can walk to the shops from this wonderful site.
The home comprises 3 bedrooms, each with built in robes, two living areas, firstly a lounge room with split system air conditioner and the second area at the rear with the cozy wood heater. The laminated kitchen has electric cooking; the hot water service is also electric. The bathroom has been recently renovated and it is a beautiful job. The house will rent for $200 to $220 per week and there is no shortage of reliable tenants.
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:
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