OFF MARKET

9 South Railway Crescent
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 91m2
Land area: 698m2
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Property Details for 9 South Railway Cres, Korumburra

9 South Railway Cres, Korumburra is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 2012. The property has a land size of 698m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in July 2013.

Building Type
Townhouse
Year Built
2012
Floor Size
91m2
Land Size
698m2
Local Government
South Gippsland
Lot/Plan
1/TP297292

Last Listing description (June 2013)

The current owners have said we want to deal so the time is NOW!!! if your in the market to purchase a property? Located on the high side of the road to capture the morning sun and to take full advantage of the North/East outlook. Located within an easy 5 minute walk to the IGA supermarket and Main Street shops this home is in a great location. With the home being built towards the front of the block there is the potential for another dwelling (STCA) or large shed with rear lane access available. Views from the front windows and balcony are stunning of the rolling hills surrounding Korumburra and with new balustrade it makes for an ideal spot to sit back and enjoy both the sun and views. New fencing along with access gates to the rear of the property have also been included to make this a fully enclosed rear yard ideal for keeping both children & animals safe and where they belong.

The current owners have undertaken some renovations by exposing and varnishing the Baltic pine floorboards in the hall, living and bathroom areas. They have also installed a stainless steel 6 burner free standing stove and have painted the exterior frontage of the home. This property has loads of potential and could even become a 3 bedroom home, so whether you're an investor looking for your next investment or owner occupier come and see for yourself

Property History for 9 South Railway Cres, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$173,000
02 Jul 2013
  • 02 Jul 2013
    Sold for $173,000
  • 28 Dec 2012
    Listed for Rent $220 / week
  • 31 Oct 2012
    Listed for Sale $185,000
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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.

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.