OFF MARKET

18/31 Jumbunna Road
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 115m2
Land area: 345m2
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Property Details for 18/31 Jumbunna Rd, Korumburra

18/31 Jumbunna Rd, Korumburra is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2014. The property has a land size of 345m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Townhouse
Year Built
2014
Floor Size
115m2
Land Size
345m2
Local Government
South Gippsland
Lot/Plan
18/PS632800

Last Listing description (November 2023)

This 3 bedroom unit is perfectly designed for low maintenance living and is more than suitable as a permanent residence or investment property and especially appealing to the first home buyers in this tough property market.

The single level unit is very accessible and comprises of three bedrooms, two bathrooms, open plan kitchen living and dining with a lovely outdoor alfresco area.
The open plan living area features a modern kitchen with laminate benchtops, gas cooktop & electric oven, walk in pantry & dishwasher and features views over the town and beyond.

The master bedroom is generous with a walk in robe & Ensuite with your own toilet and shower. The remaining two bedrooms are a good size, both with built in robes. The central bathroom is light and bright with a bath, separate shower, and separate toilet.

Other features include gas ducted heating, split system heating and cooling, double car garage with remote door, 2,300L water tank and a low maintenance yard with a combination of hedges and grass with room for a small garden shed.
This property has been extremely well maintained and presents perfectly. Your private inspection by appointment is welcome with a minimum 24 hours notice.

Property History for 18/31 Jumbunna Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$370,000
04 Feb 2021
Listed for Rent
$300/w
07 Feb 2019
  • 12 Oct 2023
    Listed for Sale $468,000
  • 04 Feb 2021
    Sold for $370,000
  • 16 Dec 2020
    Listed for Sale $395,000
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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.