OFF MARKET

18 Victoria Street
Korumburra VIC 3950

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 175m2
Land area: 952m2
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Last updated 11 Nov 2024
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Property Details for 18 Victoria St, Korumburra

18 Victoria St, Korumburra is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 952m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1920
Floor Size
175m2
Land Size
952m2
Local Government
South Gippsland
Lot/Plan
1/TP179491

Last Listing description (October 2023)

"18 Victoria Street, Korumburra"

An original circa 1921-character residence with significant street presence and appeal. A rare opportunity to purchase a historical property in central Korumburra with an opportunity to bring this beautiful family home back to its former glory.
Zoned commercial, the property offers a variety of possible uses (STCA), as a gallery, tea rooms with outdoor courtyard and medical centre or facility.

The outstanding features include:
- 11ft ceilings throughout, some with exposed pressed metal
- Original timber flooring ripe for restoration
- 4 Great sized bedrooms with ensuite
- 2 Bathrooms and 3 toilets
- Separate sitting/ dining and kitchen area
- Gas cooking
- 2 Gas heaters
- 2 Split system units
- New hot water service
- Opportunity to restore 4 fireplaces
- Separate laundry
- Low maintenance north facing backyard with citrus trees
- Single carport with rear lane access
- Newly fenced yard with plenty of space
- Recently restumped throughout
- Large 952sqm allotment

Centrally located in the town centre, only moments from the newly approved IGA supermarket, local cafes, shops and medical facilities.

To secure this amazing property, please contact Marius Tekin on 0425 853 055 or Melissa Weekes on 0409 247 881 from Unlock Real Estate to arrange an immediate inspection.

Looking to buy and sell in and around the Korumburra district?
Contact the Best Real Estate Team Marius & Melissa from Unlock Real Estate. Rate my agent No 1 Agency in Korumburra, Nyora and Lang Lang.

Property History for 18 Victoria St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$605,000
14 Sep 2023
  • 14 Sep 2023
    Sold for $605,000
  • 09 Aug 2023
    Listed for Sale $630,000 - $690,000

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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.