26 Petersen Street, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
 
OFF MARKET

26 Petersen Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 113m2
Land area: 697m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low
High
Share
Save

Property Details for 26 Petersen St, Korumburra

26 Petersen St, Korumburra is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 697m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1960
Floor Size
113m2
Land Size
697m2
Local Government
South Gippsland
Lot/Plan
65/LP50568

Last Listing description (December 2023)

If you?ve been looking for a well maintained investment property with a proven rental history, a reliable, long-term tenant and future subdivision potential, look no further than 26 Petersen Street, Korumburra.

Located on a generous 732m2 corner block with side access into the backyard, this charming cottage is privately set back from the road behind an established hedge. The home features a functional floorplan with 3 good sized bedrooms, 2 separate living areas and an updated family bathroom.

The main lounge at the front has a lovely fireplace to keep you warm in winter, as well as split system heating and cooling. The separate rumpus room at the rear is an ideal kids play room and flows straight out onto the new deck which enjoys a wonderful view of the rolling green hills.

A secure backyard has plenty of room for children and pets to play and has a large garden shed with concrete floor.This is an excellent opportunity to secure a reliable investment in a rapidly growing area and has a long-term tenant in place until September 2024 returning $20,280 p/a. Please allow 48 hours notice for inspections.

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 with any pertinent matters.

Show More

Property History for 26 Petersen St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$425,000
21 Nov 2023
  • 21 Nov 2023
    Sold for $425,000
  • 10 Nov 2023
    Listed for Sale UNDER CONTRACT
  • 22 Mar 2021
    Listed for Sale $320,000 - $340,000
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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.

Korumburra Profile Page

Suburb Insights for Korumburra 3950

Visit Korumburra profile page
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
Visit Korumburra profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED