2 Ferrier Street, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

2 Ferrier Street
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 77m2
Land area: 534m2
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Last updated 18 May 2026
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Property Details for 2 Ferrier St, Korumburra

2 Ferrier St, Korumburra is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 534m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in June 2009.

Building Type
House
Year Built
1960
Floor Size
77m2
Land Size
534m2
Local Government
South Gippsland
Lot/Plan
67/LP50568

Last Listing description (May 2026)

Perfectly positioned on a quiet street and backing onto a lovely park and reserve, this solid little home is well presented and ready to move-in and enjoy. Whether youre looking for an affordable first home or a reliable investment for the future, this is well worth your private inspection.Privately set behind an established hedge, the home is rendered for minimal ongoing maintenance, along with a recently re-pointed tile roof and aluminium windows to stand the test of time. A charming gabled front and covered porch welcomes you, with ample space to establish a garden for the green thumb.A simple but functional layout features a large light filled open plan lounge, kitchen and dining area in the middle of the home. The modern kitchen has abundant storage space, waterfall benchtops, stainless steel appliances and lovely polished floorboards.The two carpeted bedrooms are both a comfortable size with built-in robes and are serviced by a modern family bathroom with wall-hung vanity and oversized shower. There is also a handy second toilet off the laundry.Stepping outside, the home handyman will love the huge 6m x 9m shed, complete with triple roller doors, concrete floor and power. The level backyard is a blank canvas just enjoy it as it is or plant some fruit trees and build some veggie beds.Other notable features of this fantastic little home include split system heating/cooling, solar hot water, concrete stumps, a large laundry with built-in storage and side access through to the backyard via. double gates.This is a solid little home that would shine with a few simple cosmetic upgrades but is absolutely ready to move-in and enjoy.Please note the property is currently tenanted and 48 hours notice must be provided for inspections. The property is available with vacant possession or with reliable, long-term tenants who would love to stay on.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 2 Ferrier St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$186,000
27 Jun 2009
Listed for Rent
$180/w
09 Sep 2008
  • 07 May 2026
    Listed for Sale $440,000 - $460,000
  • 27 Jun 2009
    Sold for $186,000
  • 27 Aug 2008
    Listed for Sale $198,000
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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 3,119 properties. Over the last 5 years, Houses in Korumburra have seen a 17.06% increase in median value, while Units have seen a 36.82% increase. As at 30 April 2026:

  • The median value for Houses in Korumburra is $555,708 while the median value for Units is $469,947.
  • Houses have a median rent of $488 while Units have a median rent of $370.
There are currently 59 properties listed for sale, and 6 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 144 properties were sold in the past 12 months in Korumburra.

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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.