OFF MARKET

7/6 Ruddville Avenue
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 78m2
Land area: 243m2
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Last updated 11 Nov 2024
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Property Details for 7/6 Ruddville Ave, Korumburra

7/6 Ruddville Ave, Korumburra is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 243m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1980
Floor Size
78m2
Land Size
243m2
Local Government
South Gippsland
Lot/Plan
7/RP12659

Last Listing description (November 2020)

A very affordable investment returning $195 per week with a reliable tenant. This well presented 2 bedroom brick unit will require very little maintenance and comprises a good size living area with gas heating, built-in robes in both bedrooms, neat bathroom with shower over bath, kitchen with electric stove and ample cupboard space including built-in pantry and single carport with side and front door entry. A manageable rear yard gives the occupier some room to move outside.

Property History for 7/6 Ruddville Ave, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$300,000
12 May 2022
Listed for Rent
$190/w
25 Feb 2015
  • 12 May 2022
    Sold for $300,000
  • 30 Oct 2020
    Sold for $185,000
  • 30 Apr 2019
    Listed for Sale $210,000
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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 3,103 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 102 properties listed for sale, and 6 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Korumburra.

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