OFF MARKET

8598 South Gippsland Highway
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 86m2
Land area: 2976m2
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Property Details for 8598 South Gippsland Hwy, Korumburra

8598 South Gippsland Hwy, Korumburra is a 2 bedroom, 1 bathroom House with 4 parking spaces and was built in 1985. The property has a land size of 2976m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in August 2008.

Building Type
House
Year Built
1985
Floor Size
86m2
Land Size
2976m2
Local Government
South Gippsland
Lot/Plan
9/LP31289

Last Listing description (August 2008)

SILKSTONE STRAIGHT !
YOUR ON THE HOME STRAIGHT WHEN YOU INSPECT THIS HOUSE, SITUATED ON THE EDGE OF KORUMBURRAS TOWNSHIP THIS HOME IS ON OVER 1/2 AN ACRE.
THE HOME IS SMALL BUT IT IS COMFORTABLE, WITH 2 BEDROOMS, SOLID FUEL HEATING, OPEN KITCHEN DINING AND LOUNGE ROOM, LARGE BATHROOM, ATTACHED CARPORT.

LARGE 14M X 6M GARAGE WITH POWER AND CONCRETE FLOOR.
PLENTY OF ROOM TO EXTEND, VEGI GARDEN, OR JUST A LOT OF ROOM FOR THE KIDS TO PLAY, ITS UP TO YOU.
ADDITIONAL FEATURE - OVER 1/2 ACRE.

Property History for 8598 South Gippsland Hwy, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$175,000
19 Aug 2008
  • 19 Aug 2008
    Sold for $175,000
  • 10 May 2008
    Listed for Sale 179000
  • 05 Jan 2007
    Transferred
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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.