OFF MARKET

19 South Railway Crescent
Korumburra VIC 3950

Bedrooms: 4
Bathrooms: 1
Car spaces: 6
Floor area: 139m2
Land area: 1016m2
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Property Details for 19 South Railway Cres, Korumburra

19 South Railway Cres, Korumburra is a 4 bedroom, 1 bathroom House with 6 parking spaces and was built in 1940. The property has a land size of 1016m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
House
Year Built
1940
Floor Size
139m2
Land Size
1016m2
Local Government
South Gippsland
Lot/Plan
PC359733

Last Listing description (September 2016)

'UNDER OFFER' Nearly a quarter of an acre flat block with four bedroom home with fully lined attic. Renovated throughout, with character. Each bedroom includes built in robes and the master has an added bonus of a reverse cycle heat/air conditioner. Solid fuel heating in lounge & ducted natural gas warms the entire home. The kitchen is a great size with another reverse cycle heat/air conditioner and has excellent storage, gas cooking and dishwasher. The bathroom includes a spa bath and separate shower. Access to the attic provides an extra bedroom for teenagers or storage room. Outside is a great all weather deck with an open fire for entertaining. A large level fully fenced block of 952m2 is secure for children and pets, plus a lock up double garage with wood heater and carport. This outstanding home is currently tenanted @ $300 per week. Inspection by appointment only.

Property History for 19 South Railway Cres, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$295,000
26 Aug 2016
Listed for Rent
$280/w
14 Jan 2014
  • 26 Aug 2016
    Sold for $295,000
  • 07 Jul 2016
    Listed for Sale $310,000
  • 13 Nov 2014
    Listed for Sale $310,000
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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 3,099 properties. Over the last 5 years, Houses in Korumburra have seen a 71.61% increase in median value, while Units have seen a 63.53% increase. As at 31 July 2024:

  • The median value for Houses in Korumburra is $562,789 while the median value for Units is $445,162.
  • Houses have a median rent of $450 while Units have a median rent of $365.
There are currently 104 properties listed for sale, and 2 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 113 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.