OFF MARKET

1A Richard Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 145m2
Land area: 659m2
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Property Details for 1a Richard St, Korumburra

1a Richard St, Korumburra is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 659m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
House
Year Built
1960
Floor Size
145m2
Land Size
659m2
Local Government
South Gippsland
Lot/Plan
1/TP620861

Last Listing description (September 2016)

Attractive three bedroom brick veneer home with two great living areas to offer you the flexibility of formal and in formal living. The neat kitchen with dishwasher, separate dining area, the comfort of 2 split systems (new unit to be be installed shortly), covered outdoor living, double carport and hot house will certainly tick a lot of boxes.
The property is currently tenanted on a month to month basis at $250 per week so please allow a minimum of 24hrs notice.

Property History for 1a Richard St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$210,000
03 May 2016
  • 03 May 2016
    Sold for $210,000
  • 28 Aug 2015
    Listed for Sale $239,000
  • 29 Jul 2013
    Listed for Rent $250 / week
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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.