12 South Railway Crescent, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

12 South Railway Crescent
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 98m2
Land area: 676m2
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Property Details for 12 South Railway Cres, Korumburra

12 South Railway Cres, Korumburra is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 676m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
1950
Floor Size
98m2
Land Size
676m2
Local Government
South Gippsland
Lot/Plan
2/TP849056

Last Listing description (July 2021)

This charming home is positioned along the same street as the local supermarket and only a hop, skip and a jump to the main street. This property would make an ideal first home, a great downsizer or excellent as an investment property.

Features of the property include:

• 3 bedrooms, 1-bathroom, separate toilet

• Great retro kitchen, cozy lounge with wood heater
• Excellent views overlooking rolling green hills
• Established, attractive garden including fruit trees
• Rear lane access to garage/workshop & extra-long carport

For further information or to inspect this property, contact Jean O'Loughlin on 0428 571 083 or Don Olden on 0417 805 312.

Property History for 12 South Railway Cres, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$352,000
05 Oct 2020
Listed for Rent
$330/w
07 Jul 2020
  • 05 Oct 2020
    Sold for $352,000
  • 30 Sep 2020
    Listed for Sale $339,000
  • 07 Jul 2020
    Listed for Rent $330 / week
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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 67 properties listed for sale, and 7 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 137 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.