SOLD
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Sold on 16 Feb 2024 for $500,000

18 Massimo Way
Korumburra VIC 3950

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 767m2
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Property Details for 18 Massimo Way, Korumburra

18 Massimo Way, Korumburra is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 767m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Korumburra in the last 12 months.

Building Type
House
Land Size
767m2
Local Government
South Gippsland
Lot/Plan
108/PS622575

Last Listing description (February 2024)

Located in the popular Daisybank Estate and perched up high, you will find this 4-bedroom brick veneer home on a great size 756m2 block. This home is currently a great investment property as it's low maintenance or would make an ideal family home.

- Master bedroom with an ensuite, walk-in robe and split system
- All other bedrooms have built-in-robes

- Well-appointed kitchen with gas cook top, electric oven, dishwasher & pantry
- Spacious open plan living and dining area
- Main bathroom includes a deep bath, walk-in shower plus a separate toilet
- Gas ducted heating to warm the home in the cooler months
- The backyard is fully fenced and ready for you to landscape to your liking
- Great under cover patio area ideal for outdoor dining/entertaining
- Double lock up garage for storage

The property is only an easy stroll the main street for shopping, cafes, restaurants, and other services. Located 10 mins to Leongatha, 20 mins to the beaches of Inverloch and only 1 hour to Melbourne's South-eastern suburbs. If you would like to inspect this property or have any questions, please contact Katrina Griggs on 0428 571 083.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property History for 18 Massimo Way, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$500,000
16 Feb 2024
Listed for Rent
$340/w
14 Sep 2016
  • 16 Feb 2024
    Sold for $500,000
  • 16 Nov 2022
    Listed for Sale $535,000
  • 12 Sep 2016
    Listed for Rent - Price not available
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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 100 properties listed for sale, and 5 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

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Contact agent
Katrina Griggs
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Don Olden
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Elders Real Estate Leongatha/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.