3/31 Jumbunna Road, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

3/31 Jumbunna Road
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 243m2
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Property Details for 3/31 Jumbunna Rd, Korumburra

3/31 Jumbunna Rd, Korumburra is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 243m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
Unit
Year Built
2011
Floor Size
116m2
Land Size
243m2
Local Government
South Gippsland
Lot/Plan
3/PS632800

Last Listing description (May 2018)

Located in the Stylish Rise Estate is this very well-equipped 3 bedroom unit. Currently tenanted at $280 per week, this unit features a large master bedroom with walk in robe and ensuite, as well as built-in-robes in the remaining two bedrooms. The kitchen boasts stainless steel appliances and a natural gas cooktop and opens onto the main living/dining area. Outside, the backyard is flat and easy to maintain and the double garage offers remote access and internal entry to the unit. Only a 5 minute walk from the secondary college and a 10 minute walk into town, it is close to all amenities. Whether you're after an investment property or looking for somewhere to settle down and retire, this unit is an ideal purchase.

Please allow 24-48 hours notice for inspections as the property is tenanted.

Property History for 3/31 Jumbunna Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$276,000
17 Dec 2017
Listed for Rent
$280/w
19 Dec 2016
  • 17 Dec 2017
    Sold for $276,000
  • 01 Aug 2017
    Listed for Sale $279,000
  • 19 Dec 2016
    Listed for Rent $280 / week
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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.