1/4 Ruddville Avenue, Korumburra, VIC 3950 sold on 01 July 2025 | OnTheHouse
 
SOLD
Sold on 01 Jul 2025 for $420,000

1/4 Ruddville Avenue
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/4 Ruddville Ave, Korumburra

1/4 Ruddville Ave, Korumburra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Unit sold in Korumburra in the last 12 months.

Building Type
Unit
Year Built
1980
Local Government
South Gippsland
Lot/Plan
1/RP12659

Last Listing description (August 2017)

ONE GROOVY BATHROOM

Ok, so now I have your attention, yes this two bedroom brick unit has got the most groovy bathroom I have ever seen, but this is the just the beginning of a great relationship. It is very neat with new carpets and new reverse cycle heat/air conditioner, tidy kitchen with gas cooktop and a huge solar power system to alleviate the rising power costs. This is the perfect investment as it would lease for over $200 per week without any problems at all. And that bathroom, it needs to be seen to be believed, come and take a look, it is a classic. The furniture comes with the unit as well!

Property History for 1/4 Ruddville Ave, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$420,000
01 Jul 2025
  • 01 Aug 2017
    Sold for $165,000
  • 11 Jul 2017
    Listed for Sale $169,000
  • 02 Nov 2012
    Listed for Sale $149,500
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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 68 properties listed for sale, and 7 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 136 properties were sold in the past 12 months in Korumburra.

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