OFF MARKET

53 Bridge Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 508m2
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Property Details for 53 Bridge St, Korumburra

53 Bridge St, Korumburra is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 508m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Floor Size
118m2
Land Size
508m2
Local Government
South Gippsland
Lot/Plan
1/PS644087

Last Listing description (May 2021)

With terrific street appeal, this neat and tidy period home is situated on a corner block only a short distance from all town amenities including supermarket, school and hospital. Inside boasts gas heating and a split system heater/air conditioner, carpet and lino throughout, three bedrooms, spacious lounge, a newly renovated bathroom and kitchen with electric cooking, dishwasher and a large pantry. Outside is a gardeners delight with established trees, a single carport and a fully fenced yard. Ideal first home, downsizer or investment, currently tenanted until May 2021 at $285 per week. Inspections strictly by appointment only with minimum 24 hours notice following COVID requirements.

Property History for 53 Bridge St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$340,000
12 Jan 2021
Listed for Rent
$270/w
09 Mar 2017
  • 12 Jan 2021
    Sold for $340,000
  • 23 Nov 2020
    Listed for Sale $349,000
  • 09 Mar 2017
    Listed for Rent - Price not available
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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.