OFF MARKET

53 Victoria Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 134m2
Land area: 697m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

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)

Statement of information is located at
. Please copy & paste this information into your browser address bar.
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.

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
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 3,101 properties. Over the last 5 years, Houses in Korumburra have seen a 71.11% increase in median value, while Units have seen a 72.70% increase. As at 31 August 2024:

  • The median value for Houses in Korumburra is $563,001 while the median value for Units is $446,306.
  • Houses have a median rent of $450 while Units have a median rent of $365.
There are currently 102 properties listed for sale, and 3 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 108 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 over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
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 over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
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.