SOLD
Sold on 06 Aug 2024 for $539,000

6 Commonwealth Avenue
Korumburra VIC 3950

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 158m2
Land area: 859m2
Sold By
Alex Scott & Staff Korumburra
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Property Details for 6 Commonwealth Ave, Korumburra

6 Commonwealth Ave, Korumburra is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 859m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Korumburra in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
158m2
Land Size
859m2
Local Government
South Gippsland
Lot/Plan
6/LP23305

Last Listing description (August 2024)

On a large flat block of approx. 860sqm, this solidly built brick home is set in a quiet location. The home consists of 4 bedrooms, built-in robes, open kitchen, dining and lounge, solid fuel heating, split system heating and cooling, polished timber flooring and enclosed rear deck overlooking the huge back yard perfect for indoor/outdoor entertaining. Front and side access with garden shed and high carport for the caravan or trailer. A great first home, a great family home! The property is currently leased to a very reliable tenant happy to stay on. If vacant possession is required then this too can be arranged.
Inspections by appointment only.

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 6 Commonwealth Ave, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$539,000
06 Aug 2024
Listed for Rent
$435/w
01 Jun 2023
  • 06 Aug 2024
    Sold for $539,000
  • 05 Jul 2024
    Listed for Sale $555,000
  • 16 May 2023
    Listed for Rent $435 / week
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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 101 properties listed for sale, and 5 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 106 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.