16 King Street, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

16 King Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: 6
Floor area: 142m2
Land area: 1498m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low

High
Save

Property Details for 16 King St, Korumburra

16 King St, Korumburra is a 3 bedroom, 2 bathroom House with 6 parking spaces and was built in 1930. The property has a land size of 1498m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
House
Year Built
1930
Floor Size
142m2
Land Size
1498m2
Local Government
South Gippsland
Lot/Plan
1/TP375518

Last Listing description (December 2024)

Imagine a life where you're at the centre of it allwhere the heart of Korumburra beats just steps away from your front porch. Welcome to 16 King Street, a striking Californian bungalow that exudes character and charm at every turn.

Sitting on an impressive 1,496m2 block, prime for future development, this is an investment in Korumburra's bright future. Revel in the spacious interiors, recently upgraded with new carpets, flooring and paint throughout. High ceilings and a deluge of natural light make every room a sanctuary, but it's the views over the entire township that will truly capture your heart.

With three spacious bedrooms including an ensuite to the master, the layout accommodates both families and investors. For the savvy investor, the property returns a robust $24,440 per year, backed by a fantastic long-term tenant, making the investment potential as brilliant as the location. For the owner occupier, the property can be available with vacant possession.

Step outside to enjoy established cottage gardens and a massive backyard where limitless adventures await. All just a short stroll to the football ground, tennis club, bowls club and the new supermarket complex is just 100m away.

16 King Street isn't just a place to liveit's a place to love, cherish, and call home for generations to come. Properties of this size and calibre are rarely seen in todays market and your inspection is highly recommended.

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 16 King St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$645,000
03 Oct 2024
Listed for Rent
$470/w
13 Dec 2021
  • 04 Oct 2024
    Listed for Sale UNDER CONTRACT - $630,000 - $670,000
  • 03 Oct 2024
    Sold for $645,000
  • 05 Jul 2024
    Listed for Sale $630,000 - $670,000
Sign in to see more transactions
Commute Calculator

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 3,122 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 5 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 138 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

Market Insights
Korumburra Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Korumburra Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.