SOLD
RECENT ADVICE
Sold on 30 Jan 2024 for $470,000

3/23 Hannah Rise Crescent
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 187m2
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Property Details for 3/23 Hannah Rise Cres, Korumburra

3/23 Hannah Rise Cres, Korumburra is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 187m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom Unit sold in Korumburra in the last 12 months.

Building Type
Unit
Land Size
187m2
Local Government
South Gippsland
Lot/Plan
3/PS722738

Last Listing description (January 2024)

Immaculately presented and ready to move straight in, this premium quality unit is set high with some of the best views in town. Upgraded extensively throughout, the lucky new owner will enjoy comfortable relaxed living, modern conveniences and zero maintenance.

At almost 15sq under roofline, features include double glazed windows throughout, upgraded insulation, an open plan layout including a spacious lounge to take in the gorgeous view, an amazing kitchen with stone benches and stainless steel appliances and a large dining space flowing out to the private and covered alfresco area.

Three great sized bedrooms including two with built in robes are serviced by a gorgeous bathroom with walk-in shower. There is a light and bright laundry with cabinetry, oversized single remote garage with internal access and two extra parking spaces at the front. The unit is completely flat with no steps and zero maintenance to worry about with synthetic grass in the backyard.

Adding to the appeal of this unit are minimal body corporate fees of approx. $553 annually and a potential rental yield of $380 per week. The unit is all electric with potential to add solar panels and remove your energy bills! If you’ve been thinking of downsizing or maybe a stress-free investment for now with the view to move in when you retire, don’t let this one get away.

Looking to buy, sell or rent in South Gippsland? Get in touch with your expert team today and call Jack Gilchrist on 0411 181 577 or Jassy Batrouney on 0428 294 388 or pop into our office at 8/43-49 Little Commercial Street, Korumburra.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 3/23 Hannah Rise Cres, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$470,000
30 Jan 2024
Listed for Rent
$275/w
21 Nov 2017
  • 25 Jan 2024
    Sold for $470,000
  • 29 Nov 2023
    Listed for Sale $465,000 - $495,000 - UNDER CONTRACT
  • 17 Nov 2017
    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 101 properties listed for sale, and 5 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

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Contact agent
Jack Gilchrist
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Jassy Batrouney
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AREA SPECIALIST KEYSBOROUGH
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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.