OFF MARKET

3/31 Jumbunna Road
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 244m2
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Property Details for 3/31 Jumbunna Rd, Korumburra

3/31 Jumbunna Rd, Korumburra is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 244m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
House
Year Built
2011
Floor Size
116m2
Land Size
244m2
Local Government
South Gippsland
Lot/Plan
3/PS632800

Last Listing description (May 2018)

Located in the Stylish Rise Estate is this very well-equipped 3 bedroom unit. Currently tenanted at $280 per week, this unit features a large master bedroom with walk in robe and ensuite, as well as built-in-robes in the remaining two bedrooms. The kitchen boasts stainless steel appliances and a natural gas cooktop and opens onto the main living/dining area. Outside, the backyard is flat and easy to maintain and the double garage offers remote access and internal entry to the unit. Only a 5 minute walk from the secondary college and a 10 minute walk into town, it is close to all amenities. Whether you're after an investment property or looking for somewhere to settle down and retire, this unit is an ideal purchase.

Please allow 24-48 hours notice for inspections as the property is tenanted.

Property History for 3/31 Jumbunna Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$276,000
17 Dec 2017
Listed for Rent
$280/w
19 Dec 2016
  • 17 Dec 2017
    Sold for $276,000
  • 01 Aug 2017
    Listed for Sale $279,000
  • 19 Dec 2016
    Listed for Rent $280 / 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.