OFF MARKET

17 Bates Avenue
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 129m2
Land area: 560m2
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Last updated 11 Nov 2024
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Property Details for 17 Bates Ave, Korumburra

17 Bates Ave, Korumburra is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 560m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1950
Floor Size
129m2
Land Size
560m2
Local Government
South Gippsland
Lot/Plan
5/LP62026

Last Listing description (March 2021)

Located on the east entrance to Korumburra this hardiplank family home offers an investor great value for money. The residence features 3 bedrooms, including extra large master bedroom with access to the outdoor entertaining area, open plan lounge, dining and modern kitchen with electric oven and cook top, dishwasher and plenty of cupboards plus freshly renovated central bathroom with shower over bath. Solid fuel heating and Reverse cycle heating and air conditioning will keep you warm in winter and cool in summer. Outside is the undercover patio area for bbqs and entertaining and the double garage features a workshop, power, concrete floor and solid fuel heater. Currently tenanted at $300 per week until March 2021 the property is available for inspection by appointment with minimum 24 hours notice.

Property History for 17 Bates Ave, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$335,000
02 Mar 2021
Listed for Rent
22 Mar 2019
  • 02 Mar 2021
    Sold for $335,000
  • 30 Sep 2020
    Listed for Sale $339,000
  • 20 Feb 2020
    Listed for Sale $325,000
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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.

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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.