SOLD
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Sold on 23 May 2024 for $450,000

40 Queen Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 966m2
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Property Details for 40 Queen St, Korumburra

40 Queen St, Korumburra is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 966m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Korumburra in the last 12 months.

Building Type
House
Land Size
966m2

Last Listing description (May 2024)

Presenting a charming California bungalow at 40 Queen Street, Korumburra – a characterful abode set on a generous plot of 966 square metres that promises a blend of comfort and convenience, tailor-made for families or astute investors.

This delightful property hosts three cosy bedrooms and a well-appointed bathroom, making it an ideal family home or a savvy addition to an investor’s portfolio. The allure of classic architecture is felt throughout with the timeless bungalow style, while modern living is ensured through the convenience of ducted heating, a split system for temperature control, and the economic benefit of solar panels.

Location is paramount, and this house is perfectly positioned opposite Coleman Park, adding a verdant outlook and leisure options right on your doorstep. Furthermore, the Korumburra swimming pool and local amenities are just a stone's throw away, ensuring everything you need is within easy reach.

The practicalities of family life have not been overlooked, with rear lane access adding an extra layer of convenience and two parking spaces ensuring ample room for vehicles. Those with an eye for potential will note the possibility of a subdivision to create an additional unit or granny flat (STCA), offering further flexibility and investment potential.

Whether you're envisioning an idyllic family home with room to grow or seeking a property with investment allure and the prospect of added value, 40 Queen Street presents an opportunity that resonates with promise and potential. Don't miss out on this exceptional offering in the heart of Korumburra.

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Property History for 40 Queen St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$450,000
23 May 2024
  • 09 May 2024
    Sold for $450,000
  • 28 Feb 2024
    Listed for Sale $450,000
  • 29 May 2019
    Sold for $319,000
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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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