OFF MARKET

8750 South Gippsland Highway
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 155m2
Land area: 66900m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Sep 2024
Low

High
Save

Property Details for 8750 South Gippsland Hwy, Korumburra

8750 South Gippsland Hwy, Korumburra is a 3 bedroom, 2 bathroom House and was built in 2008. The property has a land size of 66900m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
House
Year Built
2008
Floor Size
155m2
Land Size
66900m2
Local Government
South Gippsland
Lot/Plan
1/TP133213

Last Listing description (February 2018)

If you are looking for a complete lifestyle change, look no further! This amazing property is being offered for lease for the very first time. This bespoke straw-bale home sits proudly on 16 acres of prime South Gippsland pastures. This unique home has been built to ensure your environmental foot print is very small, solar panels reducing your electricity bill and the home staying a constant temperature - cool in summer / warm in winter. This stunning home features 3 generous bedrooms, 2 bathrooms, hostess kitchen over looking the open plan living area. Large verandah and deck area surrounded in grape vines, manicured gardens, orchard and veggie patch that makes this property a complete package. The land is ideally set up to run approx 10 steers with cattle yards and fenced paddocks. Inspection is by appointment only. Call Elders today to arrange a time Ph: 03 5667 3200

Property History for 8750 South Gippsland Hwy, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$560,000
21 May 2015
Listed for Rent
$575/w
27 Feb 2018
  • 16 Jan 2018
    Listed for Rent - Price not available
  • 21 May 2015
    Sold for $560,000
  • 23 Feb 2015
    Listed for Sale NEW PRICE $595,000 +
Sign in to see more transactions

Commute Calculator

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 3,099 properties. Over the last 5 years, Houses in Korumburra have seen a 71.61% increase in median value, while Units have seen a 63.53% increase. As at 31 July 2024:

  • The median value for Houses in Korumburra is $562,789 while the median value for Units is $445,162.
  • Houses have a median rent of $450 while Units have a median rent of $365.
There are currently 104 properties listed for sale, and 2 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

Market Insights
Korumburra Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Korumburra Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.