16 Lauren Way, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

16 Lauren Way
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 206m2
Land area: 880m2
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Property Details for 16 Lauren Way, Korumburra

16 Lauren Way, Korumburra is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 880m2 and floor size of 206m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
House
Year Built
2021
Floor Size
206m2
Land Size
880m2
Local Government
South Gippsland
Lot/Plan
34/PS604243

Last Listing description (July 2025)

Set high on the hill, this near new open plan home offers comfort, space and breathtaking views from the expansive outdoor decking. Perfect for families or professionals seeking both style and functionality.

Property Features:
- Three large bedrooms with built in robes (main with large walk-in robe)

- Theatre room/study (or fourth bedroom)
- Two bathrooms
- Large open plan kitchen/dining/living area
- Modern kitchen with large gas stove and generous walk-in pantry
- Spacious outdoor deck - perfect for entertaining or relaxing
- Gas ducted heating, evaporative cooling and cozy wood heater
- Double garage with internal access
- Energy efficient 5kW solar system

Don't miss this rare opportunity to live in a beautifully appointed home in a serene, elevated location. Available mid July.

For further details please contact Natalie Res 03 5662 3523

** Please note fully completed applications must be submitted prior to inspection **

Property History for 16 Lauren Way, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$735,000
27 Feb 2024
Listed for Rent
$550/w
17 Jul 2025
  • 11 Jun 2025
    Listed for Rent $550 / week
  • 27 Feb 2024
    Sold for $735,000
  • 30 Oct 2023
    Listed for Sale $750,000 - $790,000
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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 3,122 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, 139 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.