OFF MARKET

16 Swanson Street
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 546m2
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Property Details for 16 Swanson St, Korumburra

16 Swanson St, Korumburra is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 546m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2014.

Building Type
House
Year Built
1960
Floor Size
90m2
Land Size
546m2
Local Government
South Gippsland
Lot/Plan
108/LP50568

Last Listing description (April 2014)

ROUGH BUT READY
A project awaits! For those looking to get into the property market for the first time or those looking at a great investment this could be your opportunity. Stop paying rent and take a look at this. Yes, it needs some work but the end result will see money back in your pocket. Situated on a corner block, this 3 bedroom home has many positives with carport and single lock-up garage, tile roof, rear decking, separate shower and bath, electric stove and air conditioner. Some painting, new carpet and curtains is you'll need to live quite comfortably. Call for an inspection today. Vacant possession and short settlement available.

Property History for 16 Swanson St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$152,002
02 May 2014
  • 02 May 2014
    Sold for $152,002
  • 07 Apr 2014
    Listed for Sale $150,000
  • 05 Mar 2007
    Sold for $125,000
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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.