SOLD
Sold on 26 Sep 2024 for $455,000

2 Bourke Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 127m2
Land area: 693m2
Sold By
Alex Scott & Staff Korumburra
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Property Details for 2 Bourke St, Korumburra

2 Bourke St, Korumburra is a 3 bedroom, 1 bathroom House. The property has a land size of 693m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Korumburra in the last 12 months.

Building Type
House
Floor Size
127m2
Land Size
693m2
Local Government
South Gippsland
Lot/Plan
1/TP171217

Last Listing description (September 2024)

Set within walking distance to Korumburra's main street, this period cottage sits on an easy to maintain block of approx. 693m2 and is the perfect home for the handyperson or those entering the property market. Yes, it needs some work and some finishing touches but the major (kitchen, bathroom and laundry) renovations are done.

The home features 12ft ceilings with original pressed metal in the bedrooms, central hallway, open plan living, dining and renovated kitchen area, a completely renovated family bathroom with corner spa bath and separate shower, plus a handy second toilet in the laundry just inside the side door access.

A solid fuel heater along with split system heating and air conditioning will keep you comfortable year-round and the solar system will help keep the expenses low.

Roll your sleaves up now and you will no doubt be rewarded in the future.

Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property History for 2 Bourke St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$455,000
26 Sep 2024
  • 26 Sep 2024
    Sold for $455,000
  • 09 Sep 2024
    Listed for Sale $355,000
  • 23 Apr 2016
    Listed for Sale Not Disclosed
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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 3,105 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 104 properties listed for sale, and 6 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 108 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.