Korumburra Suburb ProfileVictoria 3950
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Korumburra has 3,104 properties. Over the last 5 years, Houses in Korumburra have seen a 67.34% increase in median value, while Units have seen a 70.91% increase. As at 31 May 2024:
- The median value for Houses in Korumburra is $562,008 while the median value for Units is $444,025.
- Houses have a median rent of $450 while Units have a median rent of $375.
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.
Market Insights
Korumburra Trends for Houses
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Korumburra Trends for Units
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Neighbourhood Insights
Age
Population 4,491
0-9
12%
10-19
13%
20-29
10%
30-39
10%
40-49
12%
50-59
13%
60-69
14%
70-79
9%
80-89
6%
90-99
2%
Household Structure
Occupancy
Recent Sales in KORUMBURRA 3950
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Properties for rent in KORUMBURRA 3950
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0© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Last Updated: 06/07/2024
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