OFF MARKET

28 Jumbunna Road
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 142m2
Land area: 757m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 28 Jumbunna Rd, Korumburra

28 Jumbunna Rd, Korumburra is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 757m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
House
Year Built
1960
Floor Size
142m2
Land Size
757m2
Local Government
South Gippsland
Lot/Plan
5/LP50580

Last Listing description (June 2018)

IT'S BACK ON THE MARKET, NOW RE-STUMPED AND READY TO GO THIS TIME. Very solid and well presented, this brick home is ideal for the investor or those starting out or down sizing. Currently tenanted at $230 per week until August 2018, the home features 3 good bedrooms with built-in robes, lounge with split system, light and bright kitchen and dining with electric cooking, dishwasher, pantry and access into the large sun/family room. A very low maintenance home with minimal lawn to mow and private courtyard at the rear. A carport, garden shed and under house workshop complete this great investment, located only 5 minutes walk from the town center and the secondary college. INSPECTION STRICTLY BY APPOINTMENT ONLY.

Property History for 28 Jumbunna Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$249,000
21 May 2018
Listed for Rent
$230/w
07 Jun 2014
  • 21 May 2018
    Sold for $249,000
  • 13 Mar 2018
    Listed for Sale $249,000
  • 11 Sep 2017
    Listed for Sale $237,000
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, 105 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.