OFF MARKET

2/20 Bates Avenue
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 234m2
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Last updated 11 Nov 2024
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Property Details for 2/20 Bates Ave, Korumburra

2/20 Bates Ave, Korumburra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 234m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
Unit
Year Built
1980
Floor Size
73m2
Land Size
234m2
Local Government
South Gippsland
Lot/Plan
2/PS634718

Last Listing description (December 2022)

It's your choice . . . Buy Unit 2 as an investment, currently leased to a terrific tenant and more than happy to stay on . . .. or . . . If it's your own home you're looking for then this low maintenance brick unit could be for you. The unit comprises of 2 bedrooms with built-in robes, open lounge, dining and kitchen with gas cooking, split system heating and cooling, carport and tidy rear courtyard with ample space and privacy. Well presented and cared for. Only a brisk 10 minute walk to the supermarket. Inspection can be arranged with reasonable notice. Have a look, you will not be disappointed.Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 2/20 Bates Ave, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$185,000
13 Apr 2018
  • 14 Oct 2019
    Listed for Sale $189,500
  • 13 Apr 2018
    Sold for $185,000
  • 17 Jan 2017
    Listed for Sale $189,500
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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 3,103 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 102 properties listed for sale, and 6 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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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.