OFF MARKET

2/23 Hannah Rise Crescent
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 175m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 10 Feb 2025
Low

High
Save

Property Details for 2/23 Hannah Rise Cres, Korumburra

2/23 Hannah Rise Cres, Korumburra is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 175m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
2014
Floor Size
100m2
Land Size
175m2
Local Government
South Gippsland
Lot/Plan
2/PS722738

Last Listing description (May 2023)

Immaculately presented and ready to move straight in, this premium quality unit is set high in a block of just 2 other units with some of the best views in town. Upgraded extensively throughout, the lucky new owner will enjoy comfortable relaxed living, modern conveniences and zero maintenance.

At almost 15sq under roofline, features include double glazed windows throughout, upgraded insulation, an open plan layout including a spacious lounge to take in the gorgeous view, an amazing kitchen with stone benches and stainless steel appliances and large dining space flowing out to the private and covered alfresco area.

Three great-sized bedrooms including two with built-in robes are serviced by a gorgeous bathroom with a walk-in shower. There is a light and bright laundry with cabinetry, an oversized single remote garage with internal access and an extra parking space at the front. The unit is completely flat with no steps and zero maintenance to worry about with synthetic grass in the backyard.

Adding to the appeal of this unit are minimal body corporate fees of approx. $465 annually and a potential rental yield of $380 per week. If youve been thinking of downsizing or maybe a stress-free investment for now with the view to moving in when you retire, dont let this one get away.

Our signs are everywhere... For more Real Estate in Korumburra, contact your Area Specialist Jack Gilchrist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property History for 2/23 Hannah Rise Cres, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$487,500
19 Aug 2022
  • 19 Aug 2022
    Sold for $487,500
  • 03 Aug 2022
    Listed for Sale UNDER CONTRACT

Commute Calculator

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 62.90% increase in median value, while Units have seen a 59.55% increase. As at 31 January 2025:

  • The median value for Houses in Korumburra is $557,284 while the median value for Units is $444,979.
  • Houses have a median rent of $455 while Units have a median rent of $375.
There are currently 93 properties listed for sale, and 1 property listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

Market Insights
Korumburra Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Korumburra Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.