OFF MARKET

8 South Railway Crescent
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 88m2
Land area: 662m2
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Property Details for 8 South Railway Cres, Korumburra

8 South Railway Cres, Korumburra is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 662m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Year Built
1900
Floor Size
88m2
Land Size
662m2
Local Government
South Gippsland
Lot/Plan
18/LP3570

Last Listing description (December 2019)

We need to sell this home so the Vendor can proceed to the next stage of their lives asap. If you don't drive, or you don't want to drive, take a look here. Only a stones throw from the IGA Supermarket and the main street of Korumburra. A true miners cottage with some nice features which includes a renovated bathroom, updated kitchen/dining with brand new gas cooktop & oven, in fact the entire home has been renovated throughout. Open lounge family room with reverse cycle heat/air conditioning. Take a seat on the front veranda and soak up the incredible view, it itself is worth a million dollars. Up the rear is a double carport, Lock-up shed plus a cubby house, which if you are keen you could transform into a sleepout, but you need to be keen though.

Property History for 8 South Railway Cres, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$280,000
26 Jun 2020
  • 26 Jun 2020
    Sold for $280,000
  • 19 Aug 2019
    Listed for Sale $279,000
  • 30 Apr 2014
    Sold for $147,000
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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.