OFF MARKET

8830 South Gippsland Highway
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 142m2
Land area: 82100m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 8830 South Gippsland Hwy, Korumburra

8830 South Gippsland Hwy, Korumburra is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 82100m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1990
Floor Size
142m2
Land Size
82100m2
Local Government
South Gippsland
Lot/Plan
2/PS402540

Last Listing description (August 2022)

Are you looking for a small farm packed with potential in a handy location? Look no further than "New Farm Park" located at 8830 South Gippsland Highway, Korumburra.
Offering a neat and tidy, well maintained, 3 Bedroom, 2 Bathroom, Cabin-Style Double Storey Hardiplank home on 20.58 Acres (approx.) with simple yet pretty Garden providing lovely outlooks across the Gippsland Hills, 8830 is a real opportunity for the astute buyer.

The home with its open plan layout of Kitchen, Dining and Lounge, is ideal for a small Family or couple and offers an upstairs living space or study, is neutral in its decoration and presents a small peaceful covered veranda overlooking the hills beyond and rear deck. Plus, the light filled home and layout would allow for future opportunities for extension for those wanting to add additional living space.

Water for the home is provided via the 22,500 litre Poly tank with an additional 2 small 2000 litre Poly tanks off shedding. Heating the home is easy via the reverse cycle split system or Wood heater.

With a large 1 megalitre spring fed Dam providing Stock water with abundant year round water supply and centrally located providing the perfect opportunity to set up gravity fed water to the majority of the property and house site. The 2 main paddocks offer good fencing to the gently undulating rich grazing land offering huge potential for anyone wanting to create their own version of the perfect country self-sufficiency lifestyle specific for their requirements.

The current exterior amenities include a small 1 Car old Garage/Workshop, small new double bay open Hayshed with 2000 litre poly Water tank, plus old Stock Yards with Ramp which are located close to the home and driveway, with a larger open style Hayshed in the front paddock, all providing a great starter package for an array of Animals including Horses, Cattle, Sheep, Chickens or more!

"New Farm Park" brings real opportunity for those seeking a change of pace and wanting to craft their ideal Lifestyle property to begin a farm life with room to add value.

8830 South Gippsland Highway Korumburra presents easy access down a long driveway then to sealed roads with Highway frontage and is just a short 5-minute drive to the popular towns of both Leongatha and Korumburra, with a range of quality schools and shopping in the area, only 25 minutes to the beaches of Inverloch and an easy 1 hour & 40 minute drive via the M1 to Melbourne.

Contact Agent Jane Gardner 0401 333 564 / jane@onelifestyle.com.au
or Kellie Morgan 0414 625 730 / kellie@onelifestyle.com.au
to arrange for your private inspection today.

Property History for 8830 South Gippsland Hwy, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$1,000,000
15 Jul 2022
  • 15 Jul 2022
    Sold for $1,000,000
  • 11 Apr 2022
    Listed for Sale $1.1m - $1.2m
  • 18 Dec 2020
    Sold for $650,000
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 3,102 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

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: The middle value of all properties across the geography based on the Automated Valuation Model.


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


Median Value over 1 year
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.