OFF MARKET

76 Mine Road
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 117m2
Land area: 864m2
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Property Details for 76 Mine Rd, Korumburra

76 Mine Rd, Korumburra is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 864m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1950
Floor Size
117m2
Land Size
864m2
Local Government
South Gippsland
Lot/Plan
3/LP51688

Last Listing description (May 2023)

Perfectly positioned within walking distance to all amenities, this honest old home is ready and waiting for a new lease on life. If youve been looking for your next renovation project, maybe an investment to fix up and rent out or a solid first home on a tight budget, dont look past this!

A charming front faade features a covered north-facing verandah, the perfect place to soak up some sunlight during the day. The traditional floorplan offers a lounge at the front, open kitchen and dining area and four spacious bedrooms. There is a functional family bathroom with separate toilet and a huge laundry at the rear.

An elevated position offers gorgeous views over the township and the rolling hills in the distance. The massive 864m2 block has endless potential with rear lane access, established gardens, a chook pen, single carport and garden shed. The roof has recently been replaced and the home is aluminium clad to reduce maintenance on the exterior.

With a bit of elbow grease and a vision, this lovely home could be something special. Give it a fresh coat of paint, polish the original floorboards and youre halfway there. Properties in this price range are a rare find and this is no exception so act fast!

Our signs are everywhere... For more Real Estate in Korumburra, contact your Area Specialist Jack Gilchrist. For the inside scoop on any new listings before they hit the market, make sure to follow my Facebook page Jack Gilchrist - Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.

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Property History for 76 Mine Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$390,000
14 Oct 2022
  • 16 Dec 2022
    Listed for Sale UNDER CONTRACT
  • 14 Oct 2022
    Sold for $390,000
  • 09 Aug 2022
    Listed for Sale UNDER CONTRACT
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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 3,101 properties. Over the last 5 years, Houses in Korumburra have seen a 69.05% increase in median value, while Units have seen a 64.09% increase. As at 30 September 2024:

  • The median value for Houses in Korumburra is $559,191 while the median value for Units is $441,878.
  • 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, 107 properties were sold in the past 12 months in Korumburra.

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