OFF MARKET

5 Leongatha Road
Korumburra VIC 3950

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 151m2
Land area: 668m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 5 Leongatha Rd, Korumburra

5 Leongatha Rd, Korumburra is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 668m2 and floor size of 151m2.

Building Type
House
Year Built
1950
Floor Size
151m2
Land Size
668m2
Local Government
South Gippsland
Lot/Plan
22~B/PP5434

Last Listing description (April 2012)

VENDORS READY FOR A DEAL
OPEN THE DOOR AT NUMBER 5 LEONGATHA ROAD AND BE PREPARED TO BE IMPRESSED THIS IS A GREAT 4 BEDROOM FAMILY HOME, IT IS A SPACIOUS HOME AND IT SPARKLES LIKE BRAND NEW. THE HOME HAS FASHIONABLE NEW LINO AND CARPETS THROUGHOUT. THE LOUNGE ROOM HAS A LARGE WOOD HEATER AND A SPLIT SYSTEM AIR CONDITIONER. THE NEW KITCHEN IS VERY IMPRESSIVE, RIGHT OUT OF ONE OF THOSE GLOSSY MAGAZINES, IT HAS A FABULOUS BIG STOVE IT IS THE POPULAR COMBINATION OF AN ELECTRIC OVEN AND A GAS COOK TOP, A DISHWASHER COMPLETES A VERY NICE KITCHEN. THE FLOOR PLAN OF THIS HOME IS VERY APPEALING IT IS AN IDEAL PLAN FOR RELAXED FAMILY LIVING. A GENEROUS DINING/FAMILY AREA IS AT THE REAR OF THE HOME, THIS OPENS OUT TO A COVERED OUTDOOR LIVING AREA, JUST THE PLACE TO KICK BACK AND RELAX AT THE END OF A BUSY DAY. THE BLOCK IS A GOOD ONE WITH PLENTY OF ROOM FOR THE KIDS TO PLAY AND HAS THE ADDED ADVANTAGE OF REAR ACCESS. THIS IS A PARTICULARLY INTERESTING PACKAGE , THE HOME IS SOME 20 SQUARES UNDER ROOF AND RENOVATED TO THE BRINK OF PERFECTION. THE PROPERTY IS LEASED TO GOOD TENANT AT $275 WK UNTIL MARCH 2012. CALL TODAY VENDORS READY TO DO A DEAL

Property History for 5 Leongatha Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Listed for Rent
$275/w
23 Feb 2011
  • 18 May 2011
    Listed for Sale $269,000
  • 22 Feb 2011
    Listed for Rent $275 / week
  • 13 Dec 2010
    Listed for Sale $279,000
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.