1 Scott Court, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

1 Scott Court
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 139m2
Land area: 584m2
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Property Details for 1 Scott Ct, Korumburra

1 Scott Ct, Korumburra is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 584m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
House
Year Built
1970
Floor Size
139m2
Land Size
584m2
Local Government
South Gippsland
Lot/Plan
1/TP85896

Last Listing description (February 2024)

Nestled in the heart of Korumburra, 1 Scott Court stands as a testament to comfortable living in a prime location. This charming three-bedroom house, set on a generous 579 square metre parcel of land, is perfectly tailored for first-time home buyers and investors alike.

As you step inside, you're greeted by a welcoming atmosphere that speaks of home. Each bedroom is thoughtfully appointed with built-in wardrobes, offering ample storage for a growing family or a savvy investor looking to attract discerning tenants. The well-maintained bathroom serves as a tranquil retreat, ensuring privacy and relaxation.

The heart of this residence is undoubtedly the living area, seamlessly connected to the kitchen, where a split system ensures the comfort of inhabitants throughout the changing seasons. The property boasts a fully fenced perimeter, offering not only security but for weekend gardening enthusiasts to indulge in their passion, adding to the already present garden appeal.

Vehicle accommodation is plentiful with a single car garage and additional off-street parking spaces, accommodating a total of two cars. The convenience of this home is further elevated by its proximity to the bustling main street and the anticipation of a new IGA store, enhancing the potential for capital growth and rental yield.

1 Scott Court is more than just a house; it's an opportunity for a lifestyle of ease and accessibility, a chance to plant roots in a community-centric locale. Whether you're stepping onto the property ladder or expanding your investment portfolio, this gem in Victoria's serene countryside is a prospect not to be missed.

Property History for 1 Scott Ct, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$455,000
14 Feb 2024
  • 29 Feb 2024
    Listed for Sale Not Disclosed
  • 14 Feb 2024
    Sold for $455,000
  • 31 Aug 2015
    Sold for $265,000
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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 3,130 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, 140 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.