OFF MARKET

53 Victoria Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 134m2
Land area: 697m2
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Last updated 11 Nov 2024
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Property Details for 53 Victoria St, Korumburra

53 Victoria St, Korumburra is a 3 bedroom, 1 bathroom House and was built in 1920. The property has a land size of 697m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1920
Floor Size
134m2
Land Size
697m2
Local Government
South Gippsland
Lot/Plan
1/TP531456

Last Listing description (July 2021)

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Centrally located and bursting with charm, this is a property that will tick all the boxes. For those seeking a forever home, you are sure to adore the unique features from the ornate fireplace surrounds to the high ceilings and the large backyard. There are three bedrooms and multiple living areas including a lounge and meals zone, both with natural gas heaters.

The kitchen features a 900mm natural gas stove, ample storage and a breakfast bar for casual dining. For more intimate affairs, a beautiful dining room awaits or you can step out to the sun-soaked backyard and enjoy your breakfast in peace surrounded by the established gardens.

For the savvy investor, the current occupier is willing to sign a long-term lease at $350 per week making this an incredible set-and-forget addition to your property portfolio. This wonderful home is located close to the sporting precinct and within easy reach of Korumburra s schools, shops and parks.

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Property History for 53 Victoria St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$399,000
24 May 2021
  • 24 May 2021
    Sold for $399,000
  • 13 May 2021
    Listed for Sale $399,000
  • 28 Apr 2017
    Sold for $190,000
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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 3,105 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 104 properties listed for sale, and 6 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 108 properties were sold in the past 12 months in Korumburra.

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