8/31 Jumbunna Road, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

8/31 Jumbunna Road
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 191m2
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Property Details for 8/31 Jumbunna Rd, Korumburra

8/31 Jumbunna Rd, Korumburra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 191m2 and floor size of 88m2.

Building Type
Unit
Year Built
2014
Floor Size
88m2
Land Size
191m2
Local Government
South Gippsland
Lot/Plan
8/PS632800

Last Listing description (December 2025)

Discover an impeccable opportunity for investors, downsizers, or those seeking a low-maintenance lifestyle in this charming two-bedroom unit. Boasting a practical layout, the property offers a streamlined living experience with the added convenience of a remote control garage ensuring secure parking for your vehicle.

The heart of the home features a modern kitchen equipped with a gas cooktop, electric oven, and a dishwasher, complemented by a generous pantry for all your culinary storage needs. Ducted natural gas heating provides a cosy atmosphere throughout the home, ensuring comfort during the cooler months.

Both bedrooms are generously proportioned, offering double built-in robes for ample storage, making it an ideal choice for those looking to streamline their living situation. The residence benefits from a well-maintained bathroom, rounding out the essential amenities.

Strategically positioned, the unit is an easy walk to the medical centre, bustling Main Street, and local schools, making it an attractive prospect for a variety of lifestyles. Furthermore, with a tenant already in place on a month-to-month basis, this property offers immediate investment returns.

This unit represents a blend of convenience, comfort, and low-maintenance living, making it a must-see for discerning buyers in the market. Don't miss the chance to secure this delightful property as your own piece of the peaceful lifestyle that awaits.

Property History for 8/31 Jumbunna Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Listed for Rent
20 Apr 2020
  • 22 Sep 2025
    Listed for Sale $399,000 - $420,000
  • 03 Mar 2020
    Listed for Rent $260 / week
  • 04 Mar 2019
    Listed for Rent - Price not available
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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 3,123 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 7 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 137 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

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Cotality Copyright and Legal Disclaimers about Property Data
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.