OFF MARKET

45 Bena Road
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 638m2
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Last updated 30 Sep 2024
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Property Details for 45 Bena Rd, Korumburra

45 Bena Rd, Korumburra is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 638m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
House
Year Built
1960
Floor Size
89m2
Land Size
638m2
Local Government
South Gippsland
Lot/Plan
36/LP50568

Last Listing description (November 2018)

This home is Korumburra's cheapest buy, but because it is the cheapest home does not mean it needs much work at all. It has been re-stumped, re-wired, new roof, new natural gas ducted heating & hot water service and the floor boards have been polished and have come up a treat. There is one thing left to do, it does need to be re rendered and a quote of $9,000 has been obtained to do this, the home would look marvelous, so to keep the asking figure down it will be left to the purchaser if they want to do it or not. Inspection by appointment only with 24 hours notice as it is leased on month to month.

Property History for 45 Bena Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$240,000
26 Oct 2018
Listed for Rent
$195/w
03 Mar 2017
  • 26 Oct 2018
    Sold for $240,000
  • 08 May 2018
    Listed for Sale $244,000
  • 03 Mar 2017
    Listed for Rent $200 / week
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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 3,101 properties. Over the last 5 years, Houses in Korumburra have seen a 69.05% increase in median value, while Units have seen a 64.09% increase. As at 30 September 2024:

  • The median value for Houses in Korumburra is $559,191 while the median value for Units is $441,878.
  • Houses have a median rent of $450 while Units have a median rent of $365.
There are currently 103 properties listed for sale, and 3 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 107 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.