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

16 South Railway Crescent
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 132m2
Land area: 727m2
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Property Details for 16 South Railway Cres, Korumburra

16 South Railway Cres, Korumburra is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 727m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
House
Floor Size
132m2
Land Size
727m2
Local Government
South Gippsland
Lot/Plan
1/TP822451

Last Listing description (September 2024)

Nestled in the heart of Korumburra, 16 South Railway Crescent presents a charming California bungalow-style home that's simply perfect for first-time buyers, families looking to nestle into a close-knit community, or those wishing to downsize without compromising on comfort and convenience.

As you step inside this delightful three-bedroom residence, you are greeted by the warmth and character that only high ceilings and a classic fireplace can provide. The open-plan kitchen and dining area offers an inviting space for family meals and gatherings, while the separate formal lounge provides a quiet retreat for more intimate occasions.

The property sits on a generous 726 square metre corner block, boasting a double lock-up garage, as well as an additional off-street parking space, ensuring ample room for vehicles and storage. Side lane access is yet another feature adding to the appeal of this home's layout.

Outdoors, the low-maintenance garden awaits your personal touch and provides a serene backdrop for relaxation and weekend activities. Meanwhile, the side lane access ensures your privacy and convenience.

One of the true highlights of this home is its prime location. A gentle stroll will take you to the local IGA and the vibrant main street, where you'll find all your essentials and more. For the outdoor enthusiasts, the proximity to the Great Southern Rail Trail offers endless opportunities for cycling, walking, and enjoying the picturesque surroundings.

16 South Railway Crescent is more than just a house; it's a home that promises a lifestyle of ease and enjoyment. Don't miss the chance to make it yours.

Property History for 16 South Railway Cres, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$506,000
09 Aug 2024
  • 09 Aug 2024
    Sold for $506,000
  • 21 Feb 2024
    Listed for Sale $510,000 - $530,000
  • 11 Nov 2016
    Sold for $285,000
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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.