OFF MARKET

8 Bourke Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 109m2
Land area: 559m2
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Last updated 18 Nov 2024
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Property Details for 8 Bourke St, Korumburra

8 Bourke St, Korumburra is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 559m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in July 2012.

Building Type
House
Year Built
1920
Floor Size
109m2
Land Size
559m2
Local Government
South Gippsland
Lot/Plan
2/TP365321

Last Listing description (May 2012)

Here is a good opportunity to secure a well positioned home walking distance to the shops and with a good double garage. The home comprises 3 bedrooms, lounge with wood heater. The home has the attributes to benefit from a renovation, Here is your opportunity to secure a foothold in the property market at an attractive price range , call today

Property History for 8 Bourke St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$154,002
21 Jul 2012
Listed for Rent
$170/w
30 Sep 2008
  • 21 Jul 2012
    Sold for $154,002
  • 21 Nov 2011
    Listed for Sale $160,000
  • 13 Oct 2008
    Sold for $154,000
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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 3,102 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.