OFF MARKET

3 Karmai Court
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 155m2
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Last updated 11 Nov 2024
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Property Details for 3 Karmai Ct, Korumburra

3 Karmai Ct, Korumburra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 155m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1980
Floor Size
86m2
Land Size
155m2
Local Government
South Gippsland
Lot/Plan
3/SP22321

Last Listing description (October 2023)

Ideally located a short distance to the Township and schools this light filled very neat two-bedroom unit will not disappoint. With a potential rental return of $370.00 per week yielding 5.30% this property should be high on your inspection list.

The bright and neutral coloured property features and open plan kitchen and meals area, separate living room, 2 good sized bedrooms both with built-in robes and a central bathroom.

Outside you will find a low Maintenace courtyard/backyard with a concreted under cover area and fake artificial turf. The garage offers a remote roller door, internal access for your safety/privacy into the enclosed sunroom.

Other Features Include:
*Westinghouse Gas stove
*Daiken Reverse cycle spilt system
*Solar Panels
*Instant gas Hot water

Please contact Melissa Weekes on 0409 247 881 or Marius Tekin on 0425 853 055 from Unlock Real Estate to arrange an immediate inspection.

Property History for 3 Karmai Ct, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$350,000
17 Sep 2023
  • 17 Sep 2023
    Sold for $350,000
  • 24 Apr 2023
    Listed for Sale $365,000
  • 20 May 2020
    Sold for $270,000
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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 3,102 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 98 properties listed for sale, and 4 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 105 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.