OFF MARKET

15 Gordon Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 1405m2
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Property Details for 15 Gordon St, Korumburra

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.

Building Type
House
Land Size
1405m2
Local Government
South Gippsland
Lot/Plan
31~6/PP5434

Last Listing description (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.


So its a home for the family with a huge yard, or an easy to manage investment property for now, with great future potential. These good opportunities are few and far between, call today.

Property History for 15 Gordon St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$202,500
10 Aug 2010
Listed for Rent
$220/w
25 Jun 2011
  • 29 Apr 2011
    Listed for Rent - Price not available
  • 11 Dec 2010
    Listed for Rent - Price not available
  • 10 Aug 2010
    Sold for $202,500
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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 3,101 properties. Over the last 5 years, Houses in Korumburra have seen a 69.05% increase in median value, while Units have seen a 64.09% increase. As at 30 September 2024:

  • The median value for Houses in Korumburra is $559,191 while the median value for Units is $441,878.
  • Houses have a median rent of $450 while Units have a median rent of $365.
There are currently 103 properties listed for sale, and 3 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 107 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.