SOLD
Sold on 11 Jan 2024 for $375,000

5/31 Jumbunna Road
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 190m2
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Property Details for 5/31 Jumbunna Rd, Korumburra

5/31 Jumbunna Rd, Korumburra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 190m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Korumburra in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
89m2
Land Size
190m2
Local Government
South Gippsland
Lot/Plan
5/PS632800

Last Listing description (October 2024)

Located in the Stylish Rise Complex off Jumbunna Road, this neat brick home is ready to move into tomorrow and features; 2 bedrooms' with built in robes, 2 living areas, ducted natural gas heating, split system heating air conditioning, modern kitchen with gas cook top, electric oven, pantry and dishwasher. Externally you have a private, manageable rear yard and single remote-control garage with internal access.
All within an easy flat walk to the medical centre, main street and schools.

Property History for 5/31 Jumbunna Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$375,000
11 Jan 2024
Listed for Rent
$230/w
14 Jul 2015
  • 24 Sep 2024
    Listed for Rent $380 / week
  • 11 Jan 2024
    Sold for $375,000
  • 31 Oct 2023
    Listed for Sale $389,000
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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 3,100 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 103 properties listed for sale, and 4 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Korumburra.

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