OFF MARKET

98 Mine Road
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 914m2
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Last updated 11 Nov 2024
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Property Details for 98 Mine Rd, Korumburra

98 Mine Rd, Korumburra is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 914m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Land Size
914m2
Local Government
South Gippsland
Lot/Plan
23~Q/PP5434

Last Listing description (May 2023)

Loved and cared for by the same local family for many years, this family home is now ready for a new beginning.
Currently set up as a 2 bedroom residence, with built-in robes, the home could easily be made back to 3 bedrooms. Features include front entry into the main lounge with reverse cycle heating and cooling, spacious modern kitchen with new gas cooktop and oven, separate dining (or 3rd bedroom), huge family room ideal for the pool table and entertaining plus study, bathroom and laundry.
Outside the family room the doors open to the 3 car carport leading into the double lock-up remote garage/workshop. The back yard is a gardeners dream with fernery, garden shed and an abundance of established trees. The secure yard is perfect for kids and pets and the property backs onto parkland for extra space to run around.

This is a great opportunity to enter the property market at an affordable price that is ready to move in to.

Property History for 98 Mine Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$420,000
05 May 2023
  • 15 May 2023
    Listed for Sale $425,000
  • 05 May 2023
    Sold for $420,000
  • 19 Jul 2014
    Transferred

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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.