OFF MARKET

4/50 Princes Street
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 188m2
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Last updated 11 Nov 2024
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Property Details for 4/50 Princes St, Korumburra

4/50 Princes St, Korumburra is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2011. The property has a land size of 188m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in May 2014.

Building Type
Townhouse
Year Built
2011
Floor Size
88m2
Land Size
188m2
Local Government
South Gippsland
Lot/Plan
6/PS640585

Last Listing description (May 2014)

Only 3 years old and sparkling like brand new, what a desirable townhouse this is. Yes open the door of this beautiful building with its neutral decor and prepare to be impressed. Comprising 2 bedrooms both with built in robes, en suite style bathroom works well with main bedroom. No stairs here, all on one level. Attractive open living area ideal for the way we live today. This townhouse has ducted natural gas heating throughout plus a split system air conditioner to the living area. For cooking we have the popular gas cook top combined with an under bench electric oven. The hot water is a natural gas instantaneous one so you will never run out of hot water. The property also has a first flush rainwater system and tank. So here is an excellent opportunity to purchase quality Real Estate, and it sparkles like new, your inspection invited.

Property History for 4/50 Princes St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$210,000
28 May 2014
  • 28 May 2014
    Sold for $210,000
  • 09 Aug 2011
    Sold for $232,000
  • 01 Jun 2010
    Listed for Sale $274,000

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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.

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