7 Commercial StreetKorumburra VIC 3950
Property Details for 7 Commercial St, Korumburra
7 Commercial St, Korumburra is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 210m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Last Listing description (May 2016)
This newly renovated modern one bedroom flat is situated in the heart of Korumburra's main street behind the Florist. It includes a shower over the bath, brand new hot water service, electric heating, gas cooking and tiles and carpet throughout as well as rear lane access.
Property History for 7 Commercial St, Korumburra, VIC 3950
- 05 Mar 2020Sold for $350,000
- 18 May 2016Listed for Rent $150 / week
- 06 Jan 2015Listed for Rent - Price not available
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0About 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.
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