OFF MARKET

20 Hillcrest Way
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 155m2
Land area: 3825m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 20 Hillcrest Way, Korumburra

20 Hillcrest Way, Korumburra is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 3825m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
House
Floor Size
155m2
Land Size
3825m2
Local Government
South Gippsland
Lot/Plan
55/LP139826

Last Listing description (May 2017)

When it comes down to a property with class this one ticks all the boxes. This 3 B/R brick veneer home perched on the top of Hillcrest Way overlooks the township of Korumburra and the green fields and hills of South Gippsland.
Positioned on 1 acre with manicured gardens consisting of natives and European plants plus an abundance of rare and deciduous trees, tastefully spotted around. The beauty of it all is the fact that it is still a low maintenance garden.
There is also a double large garage, tool shed and workshop. The home is exceptional spacious with open plan kitchen/dining plus large separate lounge room, all bedrooms are generous in size with built-in robes and ensuite to the main. Heating is by reverse cycle air-conditioning and the mains gas is at the gate but not connect. Kiss those big electrical bills goodbye as this home is fully solar serviced with 4.8kw capacity European panels which have returned a sizable cash return. They were installed at a cost of $30,000 and produces power on bright or dull days. This indeed a very affordable property and a pleasant 1 drive to Melbourne and close to all schools and facilities.

Certainly worth your consideration.

Property History for 20 Hillcrest Way, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$434,000
13 Oct 2016
Listed for Rent
$320/w
01 May 2014
  • 13 Oct 2016
    Sold for $434,000
  • 01 Apr 2014
    Listed for Rent - Price not available
  • 28 Mar 2013
    Listed for Sale $438,000
Sign in to see more transactions

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 3,102 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, 104 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.