OFF MARKET

48 Mine Road
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 500m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 48 Mine Rd, Korumburra

48 Mine Rd, Korumburra is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 500m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
House
Land Size
500m2
Local Government
South Gippsland
Lot/Plan
3/LP3564

Last Listing description (December 2016)

This charming and immaculately presented two bedroom Miners Cottage has all the comforts. The natural light filled kitchen features generous bench space and plentiful cupboards with open dining area, reverse cycle heating/cooling for all year round comfort, cozy separate lounge with natural gas heating for the colder winter months.
Two large bedrooms with built in robes, large renovated bathroom and a smaller study/craft-room.
The spacious fully covered back veranda/patio with views that have to be seen to be appreciated, is absolutely perfect for the entertainer.

The property also features a two car carport, and under house storage area, all in a private and very secure low maintenance yard.
This home represents a terrific purchase, an inspection is a must.

Property History for 48 Mine Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$230,000
08 Aug 2016
  • 08 Aug 2016
    Sold for $230,000
  • 15 Jun 2016
    Listed for Sale $235,000
  • 12 Aug 1999
    Sold for $43,000
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.