OFF MARKET

85 Wallaces Road
Korumburra South VIC 3950

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 201m2
Land area: 37292m2
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Property Details for 85 Wallaces Rd, Korumburra South

Building Type
Land
Year Built
1981
Floor Size
201m2
Land Size
37292m2
Local Government
South Gippsland
Lot/Plan
1/TP179621

Last Listing description (June 2013)

ANOTHER PRICE REDUCTION! Reduced to $420,000
This large brick family home on 8 acres (approx.) with superb views across farmland towards Venus Bay and Wilsons Prom is in a very private location. Inside, the 2 main living areas are spacious. Entry via direct access from the carport is into the kitchen/ family room. Floors here are serviceable sealed slate. The timber kitchen is well-appointed with electric wall oven and hot-plates, range- hood , built-in microwave,2 drawer dishwasher and breakfast bar. There is sufficient room next to the breakfast bar/ meals area for a small sitting area.
Adjoining the kitchen is another room which could easily become a formal dining room, study or playroom. The formal lounge room takes advantage of the spectacular views over the countryside through it???s large windows. New carpet has recently been laid in here and there is a cosy solid fuel heater.

A separate rumpus- room is located downstairs. It too could be utilised in a variety of ways; bedroom, study, home office, storage space. The main bedroom features a large walk through wardrobe, en suite Daikin Inverter and ceiling fan. Bedrooms 2 and 3 also have ceiling fans and BIRs. Another space near the stair landing could also be used as a small bedroom ,or as it is at present as another small play room.
All in all there is heaps of room for the kids to play both inside and out. The property is clear and well fenced. The front of the house (which is an extensive area of lawns ,) and another small paddock next to the house are fenced with timber palings. Improvements include a small wood /machinery shed, dam, levelled site for a 12x9 shed and fruit tree plantings.
Entry into the property is via impressive automatic gates. A cluster of mature trees border the driveway in and up to the fences behind the property. This gives added privacy and creates a fantastic playground for children to roam around in. A timber fort, sandpit and inbuilt picnic table and benches come with the property. This area has been mulched.
While the interior is in very good condition, the exterior of the home could do with a little TLC to bring it back to its former glory.

Property History for 85 Wallaces Rd, Korumburra South, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$410,000
02 Jun 2013
  • 02 Jun 2013
    Sold for $410,000
  • 15 Mar 2013
    Listed for Sale PRICE REDUCTION NOW $420,000
  • 10 Aug 2012
    Listed for Sale $490,000
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About Korumburra South 3950

The size of Korumburra South is approximately 17.4 square kilometres. The population of Korumburra South in 2011 was 4,374 people. By 2016 the population was 100 showing a population decline of 97.7% in the area during that time. The predominant age group in Korumburra South is 0-9 years. Households in Korumburra South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Korumburra South work in a labourer occupation. In 2011, 74.2% of the homes in Korumburra South were owner-occupied compared with 66.6% in 2016..

Korumburra South has 59 properties. Over the last 5 years, Houses in Korumburra South have seen a 142.87% increase in median value. As at 30 September 2024:

  • The median value for Houses in Korumburra South is $1,380,231.
There are currently 3 properties listed for sale, and no properties listed for rent in Korumburra south on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Korumburra south.

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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.