OFF MARKET

3/11 Lower Gordon Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 143m2
Land area: 242m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 3/11 Lower Gordon St, Korumburra

3/11 Lower Gordon St, Korumburra is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 242m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last transferred in July 2024.

Building Type
Unit
Year Built
2012
Floor Size
143m2
Land Size
242m2
Local Government
South Gippsland
Lot/Plan
3/PS625105

Last Listing description (April 2018)

Located in quiet Lower Gordon Street is this tidy unit. Boasting three great sized bedrooms, all with built in robes and master with semi-ensuite, it is a desirable rental property in todays market. Bamboo flooring connects the loungeroom with the open plan kitchen and dining area, and the modern kitchen is complete with stainless steel natural gas cooktop, electric oven and dishwasher. Currently tenanted with excellent long term tenant of 5 years, paying $235 per week.

Property History for 3/11 Lower Gordon St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Transferred
03 Jul 2024
Listed for Rent
$219/w
08 Jan 2013
  • 03 Jul 2024
    Transferred
  • 14 Mar 2018
    Listed for Sale $235,000
  • 26 Feb 2018
    Sold for $230,000
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.