OFF MARKET

2 Melville Avenue
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 914m2
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Last updated 11 Nov 2024
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Property Details for 2 Melville Ave, Korumburra

2 Melville Ave, Korumburra is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 914m2. While the property is not currently for sale or for rent, it was last transferred in September 2016.

Building Type
House
Land Size
914m2
Local Government
South Gippsland
Lot/Plan
11/LP50580

Last Listing description (September 2015)

Situated on a large 891m2 flat block, please note; this new home is currently under construction.
Features include; Consisting of 3 bedrooms with built in robes, Master with walk in robe & ensuite, Large living area opening out onto 35m2 undercover alfresco with merbau decking, Modern kitchen with stainless steel appliances - 900mm oven/cooktop, Reverse cycle Air-conditioning & Heating, Impressive slate impression concrete flooring, Extra large 40m2 double garage, Side of house vehicle access to large 12x6m lock-up shed with concrete floor - extending in front and side of shed for extra parking/caravan/boat storage.
Perfect for those wanting a low maintenance flat block right here in town.

Property History for 2 Melville Ave, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Transferred
22 Sep 2016
  • 22 Sep 2016
    Transferred
  • 07 Jul 2015
    Sold for $365,000
  • 26 Mar 2015
    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 3,102 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.