OFF MARKET

42 Mine Road
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 158m2
Land area: 753m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 42 Mine Rd, Korumburra

42 Mine Rd, Korumburra is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1880. The property has a land size of 753m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
House
Year Built
1880
Floor Size
158m2
Land Size
753m2
Local Government
South Gippsland
Lot/Plan
9/LP3564

Last Listing description (August 2017)

What a fantastic opportunity to secure this stunning family sized 1890's period family residence retaining some original features including stained glass, pressed metal ceiling in formal lounge room & polished floor boards in the dining room. Rear access to a 6m x 7m garage with power & ideally located within a short walk to schools, shops, cafes & IGA supermarket.
Comprising three living areas inc. formal lounge, formal dining plus a separate family room. Kitchen is a scullery type, two generous double bedrooms & two smaller bedrooms/office. Heating & cooling are a reverse cycle heat/air conditioner plus two natural gas heaters.
This is opportunity to own a piece of Korumburra's history.

Property History for 42 Mine Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$295,000
08 Jul 2017
  • 08 Jul 2017
    Sold for $295,000
  • 02 Jun 2017
    Listed for Sale $310,000
  • 20 Feb 2004
    Sold for $143,000
Sign in to see more transactions

Commute Calculator

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

Market Insights
Korumburra Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Korumburra Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.