OFF MARKET

3 King Street
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 98m2
Land area: 533m2
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Last updated 11 Nov 2024
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Property Details for 3 King St, Korumburra

3 King St, Korumburra is a 2 bedroom, 1 bathroom House. The property has a land size of 533m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
House
Floor Size
98m2
Land Size
533m2
Local Government
South Gippsland
Lot/Plan
PC383129

Last Listing description (October 2008)

TOWNHOUSE INVESTMENT OPPORTUNITY
IDEAL INVESTMENT, RETIREMENT OR FIRST PROPERTY IN HEART OF TOWN, WITHIN A STONES THROW TO SHOPS, BOWLS ETC. FEATURES INCLUDE PRESSED METAL CEILINGS, 2 SPACIOUS BEDROOMS PLUS STUDY OR 3RD BEDROOM, LOUNGE WITH GAS HEATING, SEPARATE KITCHEN, LOCK UP GARAGE/WORKSHOP, OWN BACKYARD AREA AND DUAL STREET ACCESS.

Property History for 3 King St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$265,000
29 Sep 2016
  • 29 Sep 2016
    Sold for $265,000
  • 04 Oct 2008
    Sold for $147,500
  • 18 Sep 2008
    Listed for Sale Not Disclosed
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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.