OFF MARKET

20 South Railway Crescent
Korumburra VIC 3950

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 125m2
Land area: 725m2
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Last updated 11 Nov 2024
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Property Details for 20 South Railway Cres, Korumburra

20 South Railway Cres, Korumburra is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 725m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Year Built
1960
Floor Size
125m2
Land Size
725m2
Local Government
South Gippsland
Lot/Plan
PC359734

Last Listing description (December 2019)

On a flat block of approx. 725m, this four bedroom home will suit the investor, renovator or first home buyer. With plenty of character the home has been well looked after but will still need some cosmetic touches. The house features full length hallway, lounge with split system heating and cooling plus solid fuel heating, built in robes to each bedroom, kitchen with gas cooking, old combustion stove and walk-in pantry and bathroom with separate bath and shower. The large level rear yard is secure for children and pets and there is a lock-up storage shed just behind the huge 2 car garage. The property is currently tenanted @ mates rates at $250 per week to a very reliable tenant. Inspection is by appointment only.

Property History for 20 South Railway Cres, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$255,000
13 Jan 2020
Listed for Rent
$250/w
10 Jan 2014
  • 13 Jan 2020
    Sold for $255,000
  • 03 Sep 2019
    Listed for Sale $279,000
  • 24 Dec 2013
    Listed for Rent - Price not available
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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.

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