SOLD
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Sold on 06 Mar 2024 for $478,500

25 Petersen Street
Korumburra VIC 3950

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 636m2
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Property Details for 25 Petersen St, Korumburra

25 Petersen St, Korumburra is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 636m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Korumburra in the last 12 months.

Building Type
House
Land Size
636m2
Local Government
South Gippsland
Lot/Plan
83/LP50568

Last Listing description (March 2024)

Discover the charm and potential of 25 Petersen Street, a delightful 4-bedroom, 2-bathroom house nestled in the picturesque town of Korumburra, Victoria. This delightful abode, set on a generous 636 square metre flat block, is perfect for first home buyers and savvy investors who are wanting to achieve over $500 PW rent.

As you step inside, you'll immediately appreciate the warm and inviting ambience created by polished wooden floors and a cosy wood heater. The property is in excellent, move-in ready condition, ensuring a stress-free transition for its new owners.

Outdoor living is a breeze with a low maintenance garden, and the north-facing front deck is the ideal spot to soak up the sun and enjoy a morning coffee or alfresco meal. Children and pets will relish the freedom of the adjacent park, providing endless entertainment and a tranquil setting.

All four bedrooms are well-appointed, featuring built-in robes and plenty of natural light. The 7m x 7m shed offers ample storage and workspace for hobbies and projects, while the secure carport ensures vehicle protection.

Don't miss the opportunity to secure this delightful home in the heart of Korumburra. Whether you're seeking the perfect family home or a smart investment, 25 Petersen Street ticks all the boxes. Be sure to arrange an inspection today, as this gem won't last long on the market.

Property History for 25 Petersen St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$478,500
06 Mar 2024
Listed for Rent
$180/w
08 Jun 2006
  • 27 Feb 2024
    Sold for $480,000
  • 21 Oct 2023
    Listed for Sale SOLD $489,900
  • 28 Apr 2006
    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 100 properties listed for sale, and 5 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

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Valentino Auddino
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George Auddino
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AUDDINO FIRST NATIONAL - Korumburra
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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.