SOLD
RECENT ADVICE
Sold on 11 Jan 2024 for $385,000

2/11 Lower Gordon Street
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 181.03m2
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Property Details for 2/11 Lower Gordon St, Korumburra

2/11 Lower Gordon St, Korumburra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 181.03m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Korumburra in the last 12 months.

Building Type
Unit
Land Size
181.03m2
Local Government
South Gippsland
Lot/Plan
2/PS625105

Last Listing description (January 2024)

Is it time to live the quieter life and live with less maintenance and be able to head off on all of those holidays you've been dreaming of? This two bedroom townhouse could be the perfect property for you. Situated only a few minutes from the centre of town, the property features modern comforts at an affordable price. The two bedrooms have built in robes and the neat bathroom with a separate shower and bath is in excellent condition and acts as an ensuite to the main bedroom. There are two options for living spaces with a lounge area at the front of the home with a R/C air conditioner or utilise the dining area at the rear of the home as a living area instead and take advantage of large deck with electric awning. The single garage has a remote roller door for ease of access and has space for a car and bench/cupboards. The yard is a blank canvas for those who prefer low maintenance and there's room for some raised planter beds to grow your own veggies or flowers if so desired.
Located amongst some delightful homes on bigger blocks and near a a handful of new parcels of land, this is a property you can purchase now under $400,000 to live in or lease out and hold for a period as the area grows and matures in time.

Property History for 2/11 Lower Gordon St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$385,000
11 Jan 2024
Listed for Rent
$199/w
02 Feb 2013
  • 22 Dec 2023
    Sold for $385,000
  • 21 Jul 2022
    Listed for Sale $435,000
  • 12 Oct 2014
    Sold for $195,000
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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 3,100 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 103 properties listed for sale, and 4 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 104 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.