OFF MARKET

31 King Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 662m2
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Property Details for 31 King St, Korumburra

31 King St, Korumburra is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 662m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Year Built
1960
Floor Size
100m2
Land Size
662m2
Local Government
South Gippsland
Lot/Plan
1/TP90859

Last Listing description (January 2019)

Located in a prime position on the corner of King and William Streets, this is certainly one for the renovator. Comprising 3 bedrooms, large lounge with split system heating and cooling, kitchen with gas cooking and bathroom with shower over bath, this home is in desperate need of a make over, The bones are strong but those with some get up and go will see what this property could be. Within walking distance to the pool, medical centre and main street, this centrally located flat block may also entice the developer.

Property History for 31 King St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$226,000
26 Nov 2018
  • 26 Nov 2018
    Sold for $226,000
  • 04 Oct 2018
    Listed for Sale $235,000
  • 18 Apr 2015
    Transferred
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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.