OFF MARKET

77 Princes Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 982m2
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Last updated 11 Nov 2024
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Property Details for 77 Princes St, Korumburra

77 Princes St, Korumburra is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1940. The property has a land size of 982m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1940
Land Size
982m2
Local Government
South Gippsland
Lot/Plan
2/LP93211

Last Listing description (May 2023)

This vinyl clad home is situated in a great location being just an easy 5 min walk to the main street & you can walk out the back gate & the Korumburra Cricket ground & Soccer Field is just there!!!

The block is a flat 981m2 with rear lane access. In a very quiet street with nice homes surrounding it. The home is 3 B/ R with large kitchen /dining / laundry /bathroom/ 2 toilets. This home is certainly a renovators delight. There is major renovations to be done here & who knows you might decide to pull it all down & build your dream home either way would be very rewarding. You may even decide to pending council approval develop it as a development site or even duel occupancy..

Endless opportunity here so get in in early on this one as it wont last long on todays market at the asking price !!!

Property History for 77 Princes St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$375,000
04 Jul 2022
  • 04 Jul 2022
    Sold for $375,000
  • 24 Mar 2022
    Listed for Sale Not Disclosed
  • 22 Oct 2020
    Listed for Sale Not Disclosed
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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 98 properties listed for sale, and 4 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 105 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.