OFF MARKET

87A Princes Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
Land area: 674m2
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Last updated 11 Nov 2024
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Property Details for 87a Princes St, Korumburra

87a Princes St, Korumburra is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 674m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1970
Floor Size
105m2
Land Size
674m2
Local Government
South Gippsland
Lot/Plan
2/TP246664

Last Listing description (October 2022)

This solid 3 bedroom brick home is located in a quiet area of town and is within walking distance to IGA supermarket, recreation reserve and main street. Built-in robes to 2 bedrooms, kitchen/dining with electric hotplates and stove, both gas heating and split system heating and cooling in the lounge area and the bathroom has a corner spa bath with shower over. The spacious back yard provides plenty of room and there's a garage/workshop for extra storage.

Property History for 87a Princes St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$385,000
25 May 2021
Listed for Rent
$360/w
20 Oct 2022
  • 02 Aug 2023
    Listed for Rent $360 / week
  • 14 Oct 2022
    Listed for Rent $360 / week
  • 25 May 2021
    Sold for $385,000
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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.

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