12 George Street, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

12 George Street
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 591m2
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Property Details for 12 George St, Korumburra

12 George St, Korumburra is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 591m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
House
Floor Size
112m2
Land Size
591m2
Local Government
South Gippsland
Lot/Plan
1/TP555864

Last Listing description (May 2024)

Centrally located on George Street with a wonderful view of the rolling hills, this quaint residence would make an ideal first home or reliable investment, with a lot of the big jobs already ticked off and ready for you to bring your paintbrush, roll up your sleeves and make it your own.

With vinyl cladding for easy maintenance, the home has recently been fully restumped with concrete stumps, a new Colourbond roof has been installed, the majority of the wiring and plumbing has been renewed and the baseboards and hot water system have also been replaced. A simple layout features a spacious lounge at the front, separate kitchen/dining area and three great sized bedrooms, all with built-in robes. The central bathroom is functional and there is a separate toilet off the laundry.

The home has split system heating/cooling, gas heating and a surprising amount of storage throughout, plus beautiful timber flooring hiding beneath the carpet just waiting to be revealed and polished. Stepping outside, there are lovely established gardens, a covered alfresco area, spacious carport and a 3m x 3m garden shed with concrete floor.

This is a great opportunity to get your foot on the property ladder and is completely liveable, ready to move in and renovate/upgrade as you go or just give it a quick tidy up and rent it out with an unprecedented demand for rental properties in the Korumburra area and expected rental return of $380 per week.

Looking to buy, sell or rent in South Gippsland? Get in touch with your expert team today and call Jack Gilchrist on 0411 181 577 or Jassy Batrouney on 0428 294 388 or pop into our office at 8/43-49 Little Commercial Street, Korumburra.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 12 George St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$360,000
19 Apr 2024
  • 19 Apr 2024
    Sold for $360,000
  • 05 Feb 2024
    Listed for Sale UNDER CONTRACT - $380,000 - $400,000
  • 15 Aug 2013
    Sold for $155,000
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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 3,121 properties. Over the last 5 years, Houses in Korumburra have seen a 17.88% increase in median value, while Units have seen a 32.72% increase. As at 31 May 2026:

  • The median value for Houses in Korumburra is $567,044 while the median value for Units is $462,250.
  • Houses have a median rent of $480 while Units have a median rent of $370.
There are currently 64 properties listed for sale, and 3 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 147 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.