5 Karmai Court, Korumburra, VIC 3950 | Unit for sale | OnTheHouse
FOR SALE
$350,000

5 Karmai Court
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 157m2
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AFFORDABLE 2 BEDROOM UNIT

Conveniently located within easy reach from the main street, is this comfortable 2-bedroom unit. Currently an excellent investment with the long-term tenant on a periodic lease, this unit would also be an ideal opportunity for a first-home buyer or those who are looking to downsize.
Features of this unit include:
- 2 bedrooms with built in robes.
- The kitchen includes a gas stove, walk-in pantry with good bench and cupboard space.
- Dining area with split system reverse cycle.
- Separate lounge area.
- Central bathroom features a walk-in shower, vanity and toilet.
- Enclosed front porch and courtyard area with lawn.
- Single car garage for secure vehicle storage.
- Only a short walk to the town's shops and cafes.
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Property Details for 5 Karmai Ct, Korumburra

5 Karmai Ct, Korumburra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 157m2. The place is currently for sale with Elders Real Estate Leongatha/Korumburra.

Building Type
Unit
Land Size
157m2
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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 2016 was 4469 people. By 2021 the population was 4749 showing a population growth of 6.3% 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 2021, 77.10% of the homes in Korumburra were owner-occupied compared with 73.00% in 2016.

Korumburra has 3,122 properties. Over the last 5 years, Houses in Korumburra have seen a 38.36% increase in median value, while Units have seen a 55.72% increase. As at 30 November 2025:

  • The median value for Houses in Korumburra is $544,550 while the median value for Units is $455,663.
  • Houses have a median rent of $535 while Units have a median rent of $370.
There are currently 67 properties listed for sale, and 5 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 139 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

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Sharon Turton
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Katrina Griggs
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Elders Real Estate Leongatha/Korumburra
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.