17 Bates Avenue, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

17 Bates Avenue
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 129m2
Land area: 585m2
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Property Details for 17 Bates Ave, Korumburra

17 Bates Ave, Korumburra is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 585m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1950
Floor Size
129m2
Land Size
585m2
Local Government
South Gippsland
Lot/Plan
5/LP62026

Last Listing description (March 2021)

Located on the east entrance to Korumburra this hardiplank family home offers an investor great value for money. The residence features 3 bedrooms, including extra large master bedroom with access to the outdoor entertaining area, open plan lounge, dining and modern kitchen with electric oven and cook top, dishwasher and plenty of cupboards plus freshly renovated central bathroom with shower over bath. Solid fuel heating and Reverse cycle heating and air conditioning will keep you warm in winter and cool in summer. Outside is the undercover patio area for bbqs and entertaining and the double garage features a workshop, power, concrete floor and solid fuel heater. Currently tenanted at $300 per week until March 2021 the property is available for inspection by appointment with minimum 24 hours notice.

Property History for 17 Bates Ave, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$335,000
02 Mar 2021
Listed for Rent
22 Mar 2019
  • 02 Mar 2021
    Sold for $335,000
  • 30 Sep 2020
    Listed for Sale $339,000
  • 20 Feb 2020
    Listed for Sale $325,000
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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 3,120 properties. Over the last 5 years, Houses in Korumburra have seen a 32.46% increase in median value, while Units have seen a 37.04% increase. As at 31 January 2026:

  • The median value for Houses in Korumburra is $560,740 while the median value for Units is $458,877.
  • Houses have a median rent of $500 while Units have a median rent of $370.
There are currently 61 properties listed for sale, and 6 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.