OFF MARKET

5/49 Guys Road
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 151m2
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Last updated 30 Sep 2024
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Property Details for 5/49 Guys Rd, Korumburra

5/49 Guys Rd, Korumburra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 151m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in August 2013.

Building Type
Unit
Year Built
2009
Floor Size
87m2
Land Size
151m2
Local Government
South Gippsland
Lot/Plan
5/PS625282

Last Listing description (September 2024)

An exceptional buy here!!! Now available, a modern unit in the centre of town now awaiting a new owner. A great investment with a reliable, long-term tenant (lease until May 2025) paying $360 per week. Within a cluster of 6, the unit comprises 2 bedrooms with built-in robes, tiled entry and kitchen, carpet to lounge and bedrooms, ducted reverse cycle heating and air conditioning and kitchen with quality appliances including electric wall oven and gas hotplate and bathroom with separate bath and shower. Car accommodation is a single brick garage with an automatic door. This unit is extremely well presented and is a credit to the current tenant. Located within an easy flat walk to the medical centre, main street and all town amenities.

Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property History for 5/49 Guys Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$219,000
21 Aug 2013
Listed for Rent
$340/w
21 Apr 2022
  • 23 Aug 2024
    Listed for Sale $390,000
  • 04 Apr 2022
    Listed for Rent $340 / week
  • 25 May 2018
    Listed for Sale $259,000
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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 3,101 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.