SOLD
Sold on 23 Oct 2024 for $455,000

52 Bena Road
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 84m2
Land area: 8075m2
Sold By
Alex Scott & Staff Korumburra
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Property Details for 52 Bena Rd, Korumburra

Building Type
Commercial
Floor Size
84m2
Land Size
8075m2
Local Government
South Gippsland
Lot/Plan
18/LP3717

Last Listing description (October 2024)

Nestled on a tranquil 2-acre lot, this period weatherboard residence at 52 Bena Road has seen better days but offers so much potential for those willing to roll up their sleeves. If you're seeking a peaceful lifestyle, this property is perfect for those looking for a project to complete and reap the rewards later.
While the property may be tired and run down, it presents a fantastic opportunity to create your dream home in a serene setting. The home features 3 bedrooms, large separate lounge with open fire place and spacious kitchen and dining area and rear verandah. Backing onto Foster Creek, the treed land provides ample space for gardens, outdoor activities, or even a small hobby farm. Embrace the semi-rural lifestyle and enjoy the beauty of nature right at your doorstep.
This property is virtually a blank canvas, waiting for your personal touch.

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 52 Bena Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$455,000
23 Oct 2024
  • 23 Oct 2024
    Sold for $455,000
  • 10 Oct 2024
    Listed for Sale $415,000
  • 14 May 1999
    Transferred
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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 3,103 properties. Over the last 5 years, Houses in Korumburra have seen a 73.74% increase in median value, while Units have seen a 61.68% increase. As at 30 November 2024:

  • The median value for Houses in Korumburra is $574,019 while the median value for Units is $441,594.
  • 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, 104 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.