3 Petersen StreetKorumburra VIC 3950
Property Details for 3 Petersen St, Korumburra
3 Petersen St, Korumburra is a 2 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 665m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (September 2024)
Centrally located within an easy walking distance to schools and Korumburras main shopping strip, this solid little home has great bones and plenty of potential. Whether youre wanting an affordable first home or a solid and reliable investment, this is priced to sell and well worth your inspection.
Set on a spacious 652m2 block with side access, the home features a spacious lounge at the front with a built-in Coonara. The original kitchen has plenty of charm and offers plenty of storage space and a new electric stove. Beautiful hardwood floors throughout would polish up beautifully and there is plenty of natural light.
Two great-sized bedrooms are serviced by the functional family bathroom with shower over bath and separate toilet. A few big jobs have already been ticked off with a brand new roof, new switchboard, updated hot water system and boundary fencing is in good order.
This is the perfect project for a beginner renovator - give it a coat of paint, polish the floorboards and youll have a very liveable home. Get in touch to organise your private inspection and realise this property's true potential!
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 3 Petersen St, Korumburra, VIC 3950
- 25 Jul 2024Sold for $300,000
- 17 May 2024Listed for Sale UNDER CONTRACT - $324,000
- 11 Apr 2023Listed for Sale $395,000 - $420,000
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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 3,153 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.
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