OFF MARKET

15 Riflebutts Road
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 129m2
Land area: 677m2
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Property Details for 15 Riflebutts Rd, Korumburra

15 Riflebutts Rd, Korumburra is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 677m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
2018
Floor Size
129m2
Land Size
677m2
Local Government
South Gippsland
Lot/Plan
11/PS642743

Last Listing description (February 2023)

If you're looking to invest in property or step up from your weatherboard to a brick veneer home, your inspection of 15 Riflebutts Road is invited. This three-bedroom home is approximately 8 years old and is situated on a generous 677m2 corner block with handy side access to the back yard plus a double lock-up car garage.
There are BIR's in the bedrooms and an ensuite and WIR to the master. An open plan kitchen, dining and living area are naturally lit and overlook the secure back yard.
There is potential to put a shed in the backyard (STCA) if required and although recently vacated, the home has a rental capacity of $450-$460 per week.

A great starter for a young family or those looking to expand their investment portfolio.

Property History for 15 Riflebutts Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$550,000
10 Feb 2023
Listed for Rent
$450/w
04 Oct 2021
  • 10 Feb 2023
    Sold for $550,000
  • 22 Nov 2022
    Listed for Sale $550,000
  • 16 Aug 2021
    Listed for Sale $525,000
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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 3,102 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.
There are currently 98 properties listed for sale, and 4 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 105 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.