OFF MARKET

43 Bena Road
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 654m2
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Property Details for 43 Bena Rd, Korumburra

43 Bena Rd, Korumburra is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 654m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
House
Land Size
654m2
Local Government
South Gippsland
Lot/Plan
37/LP50568

Last Listing description (June 2018)

A very solid home on a great 645m flat block, ideal for the first home buyer or the investor looking to make the most of the rising demand for rentals. The home includes 3 bedrooms, lounge with gas heater and reverse cycle heating and air conditioning, kitchen with electric stove and plenty of cupboard space, and timber floor boards under the carpet. The established rear yard is very spacious and secure for kids and pets with vehicle access with tool or garden shed depending on your needs. Currently tenanted on a month to month lease at $230 per week. Arrange an inspection now, properties in this price range a few and far between.

Property History for 43 Bena Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$243,000
05 Apr 2018
  • 18 May 2018
    Listed for Sale $249,500
  • 05 Apr 2018
    Sold for $243,000
  • 25 Nov 2013
    Transferred

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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.