OFF MARKET

9 Bailey Street
Korumburra VIC 3950

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 160m2
Land area: 10797m2
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Property Details for 9 Bailey St, Korumburra

9 Bailey St, Korumburra is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 10797m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1980
Floor Size
160m2
Land Size
10797m2
Local Government
South Gippsland
Lot/Plan
16A~E/PP5434

Last Listing description (November 2023)

Privately tucked away on a quiet no-through road whilst just a 10 minute walk to the main street, this magnificent property offers the best of country living within a picturesque rural setting. Featuring two separate dwellings on a generous 2.74 acre allotment and some of the best views in town, this is truly a rare find on the rental market.

Set high to take in the magnificent outlook, the cedar homestead exudes quality and is immaculately presented both inside and out. Surrounded by a range of established native trees and easy-care gardens, you can enjoy complete privacy. New hybrid flooring is complemented with a light and bright colour palette throughout and an abundance of large windows to truly showcase the view from all angles.

The heart of the home is the gorgeous sunken lounge, flooded with natural light and complete with beautiful soft wool carpets and a central fireplace for those chilly winter nights. The living area flows seamlessly through into the brand new kitchen, boasting stunning soft close cabinetry, stone benches and quality Bosch appliances, not to mention the walk-in pantry with feature barn door.

Three great sized bedrooms are on offer, including a spacious master with a view youll love waking up to. All bedrooms have built-in robes and quality new carpet and both the ensuite and main bathroom are newly renovated. A dream laundry and mud room is ideal when coming in from the garden and is well appointed with stone benches and plenty of storage. Those who work from home will love the separate home office/fourth bedroom with NBN connected.

Whether youre entertaining with family and friends or just enjoying a quiet wine and a book, there is no better place than the large, north facing front balcony. The view from here must be seen to be truly appreciated and the sunsets are even better!

You also have the added bonus of a charming 1 bedroom cottage, separate from the main house and offering an open plan lounge, full kitchen with electric stove, separate bathroom and a spacious bedroom. The views from the cottage are the icing on the cake!

Other features include a 9m x 6m powered shed, 9m x 4m garage, split system heating and cooling and a large paved entertaining area at the rear of the home which doubles as a basketball court for the kids. A new driveway has just been completed and double gates at the front provide privacy and security.

There are two large paddocks available for the renters use, however if the renter doesn't wish to use the paddocks the neighbour is happy to agist their cattle and maintain. Please apply online and successful applicants will be contacted to arrange an inspection. Excellent references are essential.

Looking to buy, sell or rent in South Gippsland? Get in touch with your expert team today and call Jack Gilchrist on 0411 181 577 or Jassy Batrouney on 0428 294 388 or pop into our office at 8/43-49 Little Commercial Street, Korumburra.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 9 Bailey St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$1,050,000
20 Sep 2023
Listed for Rent
$550/w
24 Nov 2023
  • 21 Nov 2023
    Listed for Rent $550 / week
  • 20 Sep 2023
    Sold for $1,050,000
  • 17 Aug 2023
    Listed for Sale UNDER CONTRACT
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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 3,105 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 104 properties listed for sale, and 6 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 108 properties were sold in the past 12 months in Korumburra.

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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.