OFF MARKET

3/31 Bates Avenue
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 310m2
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Last updated 30 Sep 2024
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Property Details for 3/31 Bates Ave, Korumburra

3/31 Bates Ave, Korumburra is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 310m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last transferred in July 2019.

Building Type
Unit
Year Built
2008
Floor Size
110m2
Land Size
310m2
Local Government
South Gippsland
Lot/Plan
7/PS537421

Last Listing description (December 2016)

If you are a first home buyer or investor you need to take note. This elevated 3 bedroom brick veneer home offers built in robes, all electric cooking, dishwasher, open kitchen meals area, split system heating and cooling, secure yard and double lock up garage.
This property is currently tenanted at $240 per week so please allow a minimum of 24 hrs notice or inspections.

Property History for 3/31 Bates Ave, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Transferred
04 Jul 2019
Listed for Rent
$245/w
27 Nov 2015
  • 04 Jul 2019
    Transferred
  • 13 Jul 2016
    Sold for $218,000
  • 27 Nov 2015
    Listed for Rent $245 / week
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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 3,101 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

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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.