SOLD
RECENT ADVICE
Sold on 29 Oct 2024 for $200,000

39 Valley View Parade
Korumburra VIC 3950

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 790m2
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Property Details for 39 Valley View Pde, Korumburra

Building Type
Land
Land Size
790m2
Local Government
South Gippsland
Lot/Plan
43/LP219930

Last Listing description (October 2024)

Introducing a remarkable opportunity at 39 Valley View Parade, Korumburra, VIC, 3950 – a prime piece of land perfect for families, first home buyers, and investors alike. Set in the highly sought-after Valley View Estate, this generous approx. 790 square metre parcel is now available for the first time in over 20 years.

As one of the last remaining blocks in this prestigious estate, you'll be able to build your dream home whilst enjoying the added benefit of a protective covenant to ensure the lasting value and character of the neighbourhood. All essential services are readily available, providing an easy and seamless process to commence construction.

The land itself boasts elevated views, taking in the serene Korumburra landscape and offering a peaceful, picturesque setting for your new home. Furthermore, you'll be within walking distance to the soon-to-be-constructed IGA supermarket, ensuring daily convenience and easy access to essentials.

Don't miss this rare opportunity to secure an exceptional piece of land in the Valley View Estate, where you can enjoy an enviable lifestyle and make your mark in this highly desirable location. With interest expected to be high, act quickly to secure this fantastic property and begin the journey to creating your dream home.

Property History for 39 Valley View Pde, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$200,000
29 Oct 2024
  • 29 Oct 2024
    Sold for $200,000
  • 18 Oct 2024
    Listed for Sale $219,000
  • 21 Oct 2023
    Listed for Sale $219,000
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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 3,105 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 104 properties listed for sale, and 6 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 108 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

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Valentino Auddino
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George Auddino
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AUDDINO FIRST NATIONAL - Korumburra
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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.