18/31 Jumbunna Road, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

18/31 Jumbunna Road
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 115m2
Land area: 339m2
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Property Details for 18/31 Jumbunna Rd, Korumburra

18/31 Jumbunna Rd, Korumburra is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2014. The property has a land size of 339m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Townhouse
Year Built
2014
Floor Size
115m2
Land Size
339m2
Local Government
South Gippsland
Lot/Plan
18/PS632800

Last Listing description (November 2023)

This 3 bedroom unit is perfectly designed for low maintenance living and is more than suitable as a permanent residence or investment property and especially appealing to the first home buyers in this tough property market.

The single level unit is very accessible and comprises of three bedrooms, two bathrooms, open plan kitchen living and dining with a lovely outdoor alfresco area.
The open plan living area features a modern kitchen with laminate benchtops, gas cooktop & electric oven, walk in pantry & dishwasher and features views over the town and beyond.

The master bedroom is generous with a walk in robe & Ensuite with your own toilet and shower. The remaining two bedrooms are a good size, both with built in robes. The central bathroom is light and bright with a bath, separate shower, and separate toilet.

Other features include gas ducted heating, split system heating and cooling, double car garage with remote door, 2,300L water tank and a low maintenance yard with a combination of hedges and grass with room for a small garden shed.
This property has been extremely well maintained and presents perfectly. Your private inspection by appointment is welcome with a minimum 24 hours notice.

Property History for 18/31 Jumbunna Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$370,000
04 Feb 2021
Listed for Rent
$300/w
07 Feb 2019
  • 12 Oct 2023
    Listed for Sale $468,000
  • 04 Feb 2021
    Sold for $370,000
  • 16 Dec 2020
    Listed for Sale $395,000
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About Korumburra 3950

The size of Korumburra is approximately 59.9 square kilometres. There are 13 parks, covering nearly 1.4% of the 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 3,153 properties. Over the last 5 years, Houses in Korumburra have seen a 14.87% increase in median value, while Units have seen a 22.95% increase. As at 31 August 2026:

  • The median value for Houses in Korumburra is $585,495 while the median value for Units is $435,021.
  • Houses have a median rent of $480 while Units have a median rent of $370.
There are currently 54 properties listed for sale, and 7 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 141 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.