OFF MARKET

53 Princes Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 132m2
Land area: 529m2
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Last updated 11 Nov 2024
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Property Details for 53 Princes St, Korumburra

53 Princes St, Korumburra is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 529m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
House
Year Built
1970
Floor Size
132m2
Land Size
529m2
Local Government
South Gippsland
Lot/Plan
13/LP3564

Last Listing description (November 2017)

They don't build them like this any more! This very solid brick, high set residence, has just undergone renovation and will present new owners with nothing to do but sit back and enjoy. The welcoming home comprises 3 bedrooms with built-in robes, new wiring throughout, new kitchen with electric cook top and oven plus dishwasher, new bathroom with bath and separate large shower and a spacious split level lounge/dining room with new reverse cycle heating and air conditioning that opens to the undercover bbq/entertaining area. The front balcony has great views across the town and beyond and there is a single vehicle garage under the house with new remote roller door. This home is low maintenance and would suit a first home buyer, investor or those retiring.

Property History for 53 Princes St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$289,000
02 Nov 2017
  • 02 Nov 2017
    Sold for $289,000
  • 10 Oct 2017
    Listed for Sale $289,000
  • 02 Mar 2016
    Sold for $237,000
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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.