OFF MARKET

8 Silkstone Road
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 114m2
Land area: 752m2
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Property Details for 8 Silkstone Rd, Korumburra

8 Silkstone Rd, Korumburra is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 752m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Year Built
1950
Floor Size
114m2
Land Size
752m2
Local Government
South Gippsland
Lot/Plan
1/TP326474

Last Listing description (October 2019)

Situated directly opposite Korumburras historic Coal Creek Community Park and Museum in a picturesque leafy setting, this immaculately presented 3 bedroom hardiplank home sits on a 771m2 block and offers first home buyers or investors a perfect opportunity to get into the market.

Features of this fantastic property include:


- Three spacious bedrooms, all with built in robes (master has large walk-in robe).
- Light and bright open plan living and dining area
- Funky retro kitchen with dishwasher, updated electric cooktop and oven and plenty of storage space
- Spacious family bathroom with updated shower, separate toilet and spa bath room at rear
- Split system heating and air conditioning to keep comfortable all year round
- Low maintenance backyard with covered entertaining area
- Great sized garage with remote control roller door

This home has been impeccably maintained and is ready to move straight in or rent out! Dont hesitate on this one call today to book your private inspection.

Property History for 8 Silkstone Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$285,000
11 Oct 2019
  • 11 Oct 2019
    Sold for $285,000
  • 08 Aug 2019
    Listed for Sale $299,000
  • 06 Feb 1998
    Sold for $63,950

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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 103 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.

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.