OFF MARKET

40 King Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 124m2
Land area: 884m2
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Property Details for 40 King St, Korumburra

40 King St, Korumburra is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 884m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in November 2013.

Building Type
House
Year Built
1950
Floor Size
124m2
Land Size
884m2
Local Government
South Gippsland
Lot/Plan
1/TP182624

Last Listing description (May 2015)

This neat newly renovated country home is warm & inviting. It offers 3 bedrooms with built in robes, carpet, lino & floorboards throughout & split system heater/air conditioner for all year round. The kitchen includes electric cooking as well as lots of bench & cupboard space. Outside boasts a massive fully fenced yard at the rear, side & front of the property as well a shed. All this located in walking distance to Korumburra's Main Street. Inspections are a must.

Property History for 40 King St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$170,000
01 Nov 2013
Listed for Rent
$240/w
21 Apr 2015
  • 21 Apr 2015
    Listed for Rent - Price not available
  • 01 Nov 2013
    Sold for $170,000
  • 12 Sep 2013
    Listed for Sale $179,500
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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.