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Sold on 02 Sep 2024 for $506,000

16 South Railway Crescent
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 726m2
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Property Details for 16 South Railway Cres, Korumburra

16 South Railway Cres, Korumburra is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 726m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Korumburra in the last 12 months.

Building Type
House
Land Size
726m2

Last Listing description (September 2024)

Nestled in the heart of Korumburra, 16 South Railway Crescent presents a charming California bungalow-style home that's simply perfect for first-time buyers, families looking to nestle into a close-knit community, or those wishing to downsize without compromising on comfort and convenience.

As you step inside this delightful three-bedroom residence, you are greeted by the warmth and character that only high ceilings and a classic fireplace can provide. The open-plan kitchen and dining area offers an inviting space for family meals and gatherings, while the separate formal lounge provides a quiet retreat for more intimate occasions.

The property sits on a generous 726 square metre corner block, boasting a double lock-up garage, as well as an additional off-street parking space, ensuring ample room for vehicles and storage. Side lane access is yet another feature adding to the appeal of this home's layout.

Outdoors, the low-maintenance garden awaits your personal touch and provides a serene backdrop for relaxation and weekend activities. Meanwhile, the side lane access ensures your privacy and convenience.

One of the true highlights of this home is its prime location. A gentle stroll will take you to the local IGA and the vibrant main street, where you'll find all your essentials and more. For the outdoor enthusiasts, the proximity to the Great Southern Rail Trail offers endless opportunities for cycling, walking, and enjoying the picturesque surroundings.

16 South Railway Crescent is more than just a house; it's a home that promises a lifestyle of ease and enjoyment. Don't miss the chance to make it yours.

Property History for 16 South Railway Cres, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$506,000
02 Sep 2024
  • 09 Aug 2024
    Sold for $506,000
  • 21 Feb 2024
    Listed for Sale $510,000 - $530,000
  • 11 Nov 2016
    Sold for $285,000
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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 3,100 properties. Over the last 5 years, Houses in Korumburra have seen a 62.90% increase in median value, while Units have seen a 59.55% increase. As at 31 January 2025:

  • The median value for Houses in Korumburra is $557,284 while the median value for Units is $444,979.
  • Houses have a median rent of $455 while Units have a median rent of $375.
There are currently 93 properties listed for sale, and 1 property listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

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Valentino Auddino
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George Auddino
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AUDDINO FIRST NATIONAL - Korumburra
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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.