2 North Railway Crescent, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

2 North Railway Crescent
Korumburra VIC 3950

Bedrooms: 4
Bathrooms: 2
Car spaces: 7
Floor area: 229m2
Land area: 8036m2
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Property Details for 2 North Railway Cres, Korumburra

2 North Railway Cres, Korumburra is a 4 bedroom, 2 bathroom House with 7 parking spaces and was built in 1990. The property has a land size of 8036m2 and floor size of 229m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Year Built
1990
Floor Size
229m2
Land Size
8036m2
Local Government
South Gippsland
Lot/Plan
4/LP218568

Last Listing description (February 2020)

This approximately 1.98-acre property makes the perfect 'country escape' yet so close to town!
This large family home has 4 bedrooms + study, 2 bathrooms and 2 living areas.
The features of the home include;

-Master bedroom with walk in robe and ensuite.
-Remaining 3 bedrooms that are generous in size, all with built in robes.
-Large study.
-A centrally located bathroom with large walk in shower, spa bath and separate toilet.
-Timber kitchen with laminate benchtops, gas oven, rangehood and dishwasher.
-Large sunken lounge and formal dining room.
-Daikin ducted heated and cooling inverter system plus a natural gas Coonara.
-Large garage converted into a rumpus/pool room, the perfect teenagers retreat.
-North facing outdoor decking area with a built in fire place with stunning rural views.
-5kw solar system and solar hot water to help relieve the power bills.
-Natural gas and town water connected.

The land has been divided in to 2 main paddocks with good electric fencing and a horse shelter.

Additional outside features include;
-A single car garage
-12m x 8m carport/workshop
-6m x 6m shed.
-Lovely established garden setting.
What makes this property so special is the privacy and serenity like a 'country retreat', yet still within walking distance to town!

Property History for 2 North Railway Cres, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$673,800
20 Jan 2020
  • 23 Jan 2020
    Listed for Sale $675,000
  • 20 Jan 2020
    Sold for $673,800
  • 08 Sep 2017
    Sold for $620,000
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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.