OFF MARKET

4/11 Lower Gordon Street
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 204m2
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Property Details for 4/11 Lower Gordon St, Korumburra

4/11 Lower Gordon St, Korumburra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 204m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
Unit
Year Built
2012
Floor Size
88m2
Land Size
204m2
Local Government
South Gippsland
Lot/Plan
4/PS625105

Last Listing description (June 2016)

Excellent opportunity to secure this near new unit in quiet area. Comprising of 2 bedrooms with BIR's, separate bath and shower, large living area, modern kitchen with stainless appliances including natural gas cook top, dishwasher and split system heating air conditioning. Other features include timber floating flooring, quality carpeting, and vertical blinds.
Currently tenanted leased at $199 per week making this property the ideal investment or retirement living.

Property History for 4/11 Lower Gordon St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$195,000
16 Jan 2016
  • 16 Jan 2016
    Sold for $195,000
  • 08 Feb 2013
    Listed for Sale $229,000
  • 04 May 2012
    Listed for Sale $229,000

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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 3,101 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.
There are currently 102 properties listed for sale, and 3 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Korumburra.

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