3 Commonwealth AvenueKorumburra VIC 3950
Property Details for 3 Commonwealth Ave, Korumburra
3 Commonwealth Ave, Korumburra is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 642m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last transferred in April 2019.
Last Listing description (July 2010)
Under instructions from STATE TRUSTEES
FIRST HOME OR INVESTMENT If you are in the market for your first home or an investment property, this home could be what you are after. Aluminum clad, two bedrooms, large kitchen, flat block, carport, garden sheds, fully fenced, quite area of town. This property would be a great start or addition to your property portfolio, would rent for around $170+ per week, or maybe remove the house and build a couple of units (stca) and see a greater return for your investment, or it could be your first home purchase? Whatever you decide you will not look back with this investment whichever way you go!
Property History for 3 Commonwealth Ave, Korumburra, VIC 3950
- 18 Apr 2019Transferred
- 24 Nov 2010Listed for Rent - Price not available
- 27 Jul 2010Sold for $169,000
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0About 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.
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