OFF MARKET

3/20 Bates Avenue
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
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Property Details for 3/20 Bates Ave, Korumburra

3/20 Bates Ave, Korumburra is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1950. The property has a floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
Unit
Year Built
1950
Floor Size
112m2
Local Government
South Gippsland
Lot/Plan
3/PS634718

Last Listing description (September 2017)

There has never been a better time than NOW to get into the investment market or even your first home. This hardi plank home offers 3 bedrooms, two with BIR's, open kitchen meals area, gas cooking, large lounge with gas heating, double carport and secured your yard.

The home has been tenanted for the past 4 years and currently tenanted until 12/8/2016 at $195 per week.

George Auddino : 0417 311 942

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Property History for 3/20 Bates Ave, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$172,500
15 Mar 2017
  • 15 Mar 2017
    Sold for $172,500
  • 27 Sep 2016
    Listed for Rent $200 / week
  • 20 Jul 2016
    Listed for Sale $189,000

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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 3,100 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 103 properties listed for sale, and 4 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Korumburra.

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