1A Richard Street, Korumburra, VIC 3950 sold on 29 April 2026 | OnTheHouse
SOLD
Sold on 29 Apr 2026 for $495,000

1A Richard Street
Korumburra VIC 3950

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 145m2
Land area: 660m2
Sold By
agent headshot
Area Specialist Jack Gilchrist
Save

Property Details for 1a Richard St, Korumburra

1a Richard St, Korumburra is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 660m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 4 bedroom House sold in Korumburra in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
145m2
Land Size
660m2
Local Government
South Gippsland
Lot/Plan
2/TP620861

Last Listing description (June 2026)

Ideally positioned directly opposite the Korumburra Recreation Reserve and within easy walking distance to schools, shops, and the main street, this solid 1960s brick veneer home combines classic charm with modern updatesmaking it the perfect move-in ready family home.Set on a generous 660m flat block, the property has been thoughtfully renovated throughout while retaining its original character. A large covered front porch welcomes you inside, where polished timber floorboards and fresh paint flow throughout the home. At the front are three good-sized bedrooms with robes, while the spacious master suite boasts a walk-in robe and a stylish ensuite featuring a floor-to-ceiling tiled double shower. The neat family bathroom includes a spa bath, perfect for kids or winding down after a long day.The heart of the home is the enormous rear lounge, complete with new carpet and an abundance of natural light, seamlessly connecting to the covered alfresco areaideal for entertaining family and friends. The original yet highly functional kitchen is equipped with a stainless-steel upright stove and dishwasher, ensuring practicality without losing its retro charm.Comfort is assured year-round with a brand-new hydronic heating system that keeps the home beautifully warm in winter, complemented by a split system for cooling in summer.Outside, the fully brick-paved driveway provides ample parking space for cars, boats, or caravans, while a single garage and an additional detached structure offer excellent potential as a workshop, studio, or rumpus room.With four bedrooms, two bathrooms, and a spacious layout, this property represents a rare opportunityhomes of this calibre under $600,000 in Korumburra are increasingly hard to find. Whether youre upsizing, buying your first home, or seeking an easy-care investment, this is an opportunity not to be missed.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 1a Richard St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$495,000
29 Apr 2026
  • 29 Apr 2026
    Sold for $495,000
  • 03 Oct 2025
    Listed for Sale UNDER CONTRACT - $525,000
  • 03 May 2016
    Sold for $210,000
Sign in to see more transactions
Commute Calculator

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 3,148 properties. Over the last 5 years, Houses in Korumburra have seen a 17.99% increase in median value, while Units have seen a 34.11% increase. As at 30 June 2026:

  • The median value for Houses in Korumburra is $580,454 while the median value for Units is $473,154.
  • Houses have a median rent of $490 while Units have a median rent of $370.
There are currently 59 properties listed for sale, and 2 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

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.