OFF MARKET

5/50 Princes Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 119m2
Land area: 160m2
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Property Details for 5/50 Princes St, Korumburra

5/50 Princes St, Korumburra is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 160m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2011
Floor Size
119m2
Land Size
160m2
Local Government
South Gippsland
Lot/Plan
4/PS640585

Last Listing description (August 2024)

ITS ADDRESSED
Perfectly positioned within the Korumburra township and just a short stroll to all amenities, this lovely sandstone townhouse was built by a well-respected local builder and is immaculately presented inside and out. Ideally suited to downsizers, investors or first-home buyers, this represents excellent value for money.

A covered front porch welcomes you into the spacious main lounge, flowing through to the open kitchen and dining area. The full-size kitchen features quality cabinetry, an impressive walk-in pantry with bench space for your appliances, a beautiful porcelain sink and stainless steel appliances. Enjoy your morning coffee on the lovely rear alfresco, overlooking the easy-care established gardens.

Three bedrooms all have built-in robes and are a great size, plus you have direct access from the master into the modern family bathroom with a walk-in shower and separate bath. There is also a second toilet on the main level for added convenience.

Downstairs, you have your laundry and an oversized double remote garage with direct access into the home. Your comfort is assured year-round with ducted natural gas heating and reverse cycle heating and cooling, plus quality new window furnishings throughout.

This townhouse has a lovely feel throughout and is packed with extra upgrades including security doors, LED downlights and instant gas hot water. If you?re looking for a modern and affordable property with minimal maintenance, this is the one for you!

Looking to buy, sell or rent in Korumburra? Give your Area Specialist Jack Gilchrist a call or pop into our office at 100 Victoria Street, Korumburra.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers/tenants are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property History for 5/50 Princes St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$452,500
13 May 2023
  • 05 Aug 2024
    Listed for Sale Not Disclosed
  • 13 May 2023
    Sold for $452,500
  • 24 Apr 2023
    Listed for Sale UNDER CONTRACT
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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.