OFF MARKET

20 Silkstone Road
Korumburra VIC 3950

Bedrooms: 5
Bathrooms: 2
Car spaces: 7
Land area: 9922m2
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Property Details for 20 Silkstone Rd, Korumburra

20 Silkstone Rd, Korumburra is a 5 bedroom, 2 bathroom House with 7 parking spaces. The property has a land size of 9922m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
House
Land Size
9922m2
Local Government
South Gippsland
Lot/Plan
PC367542

Last Listing description (May 2019)

If you ve been considering an escape to the country or maybe you re running out of space, this is definitely the property for you. A rendered brick residence with 4 bedrooms, 3 bathrooms and multiple outdoor living areas, two massive
carports and a huge high-clearance Colourbond shed complete with mancave, fireplace, mezzanine and its own separate driveway ideal to work from home!
Located just a minutes drive to the main shopping strip and directly opposite the Coal Creek Historical Village, the property has dual access from both Silkstone Road and Coal Creek Road (both no-thru roads) and features 2.5 acres of very usable land including the main house block and another large paddock with subdivision potential (STCA).

The residence features four spacious bedrooms the oversized master bedroom, completely re-done with a stunning brand new ensuite and walk in robe, a second master bedroom/guest room featuring a large two-person spa bath/shower and double built in robe and two more bedrooms, both with built in robes and serviced by the large family bathroom. The guest room would be an ideal space to AirBnB, as it has its own access via. glass sliding doors.
The main living area is fully open plan and has gorgeous slate floor tiles throughout. The lounge/dining area is a great size and kept comfortable with a split system heater/air conditioner, or you may choose to use the solid fuel fireplace with heat transfer system, for a more natural heat. The L shaped kitchen comes complete with 900mm gas stove , dishwasher and a walk in pantry. Entertain easily with a large covered outdoor entertaining area at the front of the home.
Almost larger than the house is the huge Colourbond workshop big enough (and high enough) for even the largest of vehicles, it also features a separate man cave with a Coonara and an upstairs mezzanine for extra storage. Why rent a factory when you could work from home comfortably!

Come and view this property yourself you will be impressed by the wide open space, the shed and the beautifully presented home.

Property History for 20 Silkstone Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$625,000
13 May 2019
  • 13 May 2019
    Sold for $625,000
  • 14 Feb 2019
    Listed for Sale $645,000 - $665,000
  • 17 Mar 2016
    Sold for $515,000
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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.