OFF MARKET

51 Guys Road
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 89m2
Land area: 788m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 51 Guys Rd, Korumburra

51 Guys Rd, Korumburra is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 788m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1930
Floor Size
89m2
Land Size
788m2
Local Government
South Gippsland
Lot/Plan
1/TP252182

Last Listing description (January 2022)

Set back from the road on a large 788m2 block and surrounded by stunning established trees and gardens, this two bedroom cottage offers excellent value for money and is an ideal foot in the door for savvy investors or first home buyers.

The home features a functional kitchen with gas cooking and plenty of cupboard space and a seperate dining room at the rear which flows out to the covered rear deck, complete with a built-in bench seat. You will love the large loungeroom at the front of the home with lovely timber floors and a nice outlook over the front yard.

There are two good sized bedrooms, with direct access from the master into the main bathroom, recently updated with a new shower screen. The home is kept comfortable with natural gas heating, plus two split systems for heating and cooling and ceiling fans to most rooms. An enclosed verandah at the front of the home is currently utilised as a home office and ideal for those working from home.

External storage is sorted with a large workshop, garden sheds and a single carport at the rear plus space to park an extra car/trailer. Vehicle access is via. Wells Lane at the rear, however there is pedestrian access at the front with all local amenities just a short stroll away.

The home is completely liveable and functional with endless possibilities - you could move in and live in it exactly as it is, tidy it up and rent it out or renovate to create something truly special! What we do know is that properties in this price range don't last in this market so get in quick!

Property History for 51 Guys Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$370,000
28 Dec 2021
  • 28 Dec 2021
    Sold for $370,000
  • 16 Dec 2021
    Listed for Sale $360,000 - $390,000
  • 06 May 2009
    Sold for $160,000
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.