1 Swanson StreetKorumburra VIC 3950
Property Details for 1 Swanson St, Korumburra
1 Swanson St, Korumburra is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 617m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in January 2025.
Last Listing description (March 2025)
Discover your next venture at 1 Swanson Street, Korumburra, a two-bedroom house poised for a transformative touch. Situated on a 620 square metre corner block, this property offers an outstanding opportunity for first home buyers, savvy investors, and skilled renovators ready to realise its full potential.
With its adaptable layout, the residence currently presents two bedrooms with the possibility of a third, catering to your individual needs or design ambitions. Off-street parking adds convenience, while space on the block invites the addition of a shed, perfect for those requiring extra storage or a workshop.
The location could not be more ideal for families or those appreciating community living, with a public park directly opposite, providing outlook and a space for relaxation or play. Moreover, you'll appreciate the easy walking distance (approx. 1.3km) to Korumburra Secondary College and the vibrant Main Street, where a variety of shops and eateries await.
Whether you're eager to embark on a personal renovation project or looking to invest in a property with significant upside potential, 1 Swanson Street offers a blank canvas for you to craft your dream home or a profitable flip. Don't miss this rare find in the heart of Korumburra.
Property History for 1 Swanson St, Korumburra, VIC 3950
- 28 Jan 2025Sold for $278,000
- 03 Dec 2024Listed for Sale $300,000
- 26 Mar 1997Transferred for $35,000
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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 3,151 properties. Over the last 5 years, Houses in Korumburra have seen a 15.64% increase in median value, while Units have seen a 18.95% increase. As at 31 July 2026:
- The median value for Houses in Korumburra is $587,582 while the median value for Units is $439,242.
- Houses have a median rent of $480 while Units have a median rent of $370.
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