OFF MARKET

29 Riflebutts Road
Korumburra VIC 3950

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 187m2
Land area: 687m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

Property Details for 29 Riflebutts Rd, Korumburra

29 Riflebutts Rd, Korumburra is a 4 bedroom, 2 bathroom House and was built in 2021. The property has a land size of 687m2 and floor size of 187m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Year Built
2021
Floor Size
187m2
Land Size
687m2
Local Government
South Gippsland
Lot/Plan
18/PS642743

Last Listing description (July 2020)

You do not want to miss this opportunity! This flat 687m2 block of land is surrounded by quality new homes and is the last available in affordable yet popular Riflebutts Road. Located in Korumburra, the country lifestyle is perfect to start or move your family to a scenic and peaceful atmosphere. Welcoming neighbours and a close-knit community make it effortless to feel like youre at home. Fencing is already installed, along with footpaths, street lighting, and sewage; the only thing that is missing is your dream house on the block! So why wait to start your new lifestyle?

Property History for 29 Riflebutts Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$176,000
18 Jun 2020
  • 18 Jun 2020
    Sold for $176,000
  • 05 Jun 2020
    Listed for Sale $179,500
  • 11 Aug 2017
    Sold for $99,500

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 3,101 properties. Over the last 5 years, Houses in Korumburra have seen a 69.05% increase in median value, while Units have seen a 64.09% increase. As at 30 September 2024:

  • The median value for Houses in Korumburra is $559,191 while the median value for Units is $441,878.
  • Houses have a median rent of $450 while Units have a median rent of $365.
There are currently 103 properties listed for sale, and 3 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

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.