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 3,102 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 101 properties listed for sale, and 5 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.