1/50 Princes Street, Korumburra, VIC 3950 sold on 22 September 2025 | OnTheHouse
SOLD
Sold on 22 Sep 2025 for $525,000

1/50 Princes Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 158m2
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Property Details for 1/50 Princes St, Korumburra

1/50 Princes St, Korumburra is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 158m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom Unit sold in Korumburra in the last 12 months.

Building Type
Unit
Year Built
2011
Floor Size
116m2
Land Size
158m2
Local Government
South Gippsland
Lot/Plan
1/PS640585

Last Listing description (December 2025)

Step into a modern sanctuary perfect for the first-time homeowner or those looking to downsize without compromising on comfort or convenience. This charming unit offers a seamless blend of style and practicality, boasting three well-appointed bedrooms complemented by two sleek bathrooms, ensuring ample space for rest and rejuvenation.One of the property's standout features is the state-of-the-art 5 kilowatt solar system with battery and blackout power backup, which not only provides peace of mind but also promotes sustainable living. The hydronic heating system envelops the entire home in a cosy warmth, while the option to switch from tank to mains water adds a layer of versatility to your utilities.The heart of this home is the contemporary kitchen, recently updated with new appliances and fittings, ready for you to unleash your culinary skills. Adjoining the kitchen, the living spaces are adorned with new carpet and flooring, setting the stage for your personal touch.Storage is never an issue with the ample under-house space, while the electric roller door ensures ease of access to the double parking area. The low-maintenance aspect of the property ensures that your weekends are free to enjoy the lifestyle you love.Luxury extends to the master bedroom, which features a walk-in wardrobe and an ensuite, offering a private retreat after a long day. Outside, the courtyard beckons for a moment of relaxation or alfresco dining in the privacy of your own home.This unit is more than move-in ready; it's an invitation to embrace a life of comfort, convenience, and contemporary living. Don't miss the opportunity to make it yours.

Property History for 1/50 Princes St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$525,000
22 Sep 2025
Listed for Rent
$280/w
15 Jan 2013
  • 22 Sep 2025
    Sold for $525,000
  • 08 Sep 2025
    Listed for Sale $499,000 - $535,000
  • 25 Nov 2019
    Sold for $375,000
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About Korumburra 3950

The size of Korumburra is approximately 59.9 square kilometres. There are 13 parks, covering nearly 1.4% of the 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 3,153 properties. Over the last 5 years, Houses in Korumburra have seen a 17.99% increase in median value, while Units have seen a 34.11% increase. As at 30 June 2026:

  • The median value for Houses in Korumburra is $580,454 while the median value for Units is $473,154.
  • Houses have a median rent of $490 while Units have a median rent of $370.
There are currently 59 properties listed for sale, and 2 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 143 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

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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.