OFF MARKET

46 Mine Road
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 707m2
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Property Details for 46 Mine Rd, Korumburra

46 Mine Rd, Korumburra is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 707m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1960
Floor Size
94m2
Land Size
707m2
Local Government
South Gippsland
Lot/Plan
4/LP3564

Last Listing description (August 2023)

This property must be Sold and all reasonable offers will be considered!
All the hard work is complete with a quality renovation throughout! This 3-bedroom cottage encompasses all that Korumburra is about, not only the ideal first home but a wonderful investment for the savvy buyer with a great potential return.

Only moments from the town centre, the property offers 2 titles*, possible laneway access and 2 street frontages which offer options galore for the future (STCA)*. Live is style knowing all the hard work has been done with an amazing high-quality kitchen with stone benchtops, induction cooking, quality appliances and views of the neighbouring hills. A stunning island bench which also acts as a stylish breakfast bar and dining table. Separate lounge with feature barn door with polished Baltic pine flooring throughout, quality bathroom renovation and soaring ceilings which gives the home a great sense of space.

Other features include:
- Quality built in robe to master
- Open fireplace
- Split system for all year-round comfort
- External laundry with scope for further improvement
- Space for a firepit and large garden shed with concrete floor
- Single carport with access from Princess Street.
- 2 x Heat pump HWS
- Brand New window with locks and flyscreens throughout
- Easy care cottage garden
- Land of approx 707sqm
- Potential rental of $420 - $440 per week.

Do you like what you see and read?
To arrange an immediate inspection call Marius Tekin or Mel Weeks from Unlock Real Estate to make an appointment and make your real estate dream a reality.

Property History for 46 Mine Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$480,000
28 Jul 2023
  • 28 Jul 2023
    Sold for $480,000
  • 24 Oct 2022
    Listed for Sale Under Offer
  • 19 Aug 2021
    Listed for Sale $340,000 - $360,000
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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.

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.