3 Richard Street, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

3 Richard Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 94m2
Land area: 520m2
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Property Details for 3 Richard St, Korumburra

3 Richard St, Korumburra is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 520m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1940
Floor Size
94m2
Land Size
520m2
Local Government
South Gippsland
Lot/Plan
1/LP3856

Last Listing description (October 2026)

Privately tucked away behind established trees and gardens, 3 Richard Street is a charming home that proves you don't need a huge property to have everything you need.

Set on a manageable 520m corner allotment in a quiet street directly opposite the Korumburra Recreation Reserve, this move-in ready home is an ideal first step into the market, while its easy-care nature and practical layout will also appeal to those looking to simplify and enjoy a lower maintenance lifestyle.

The securely fenced front yard creates a lovely sense of privacy from the street, with established gardens surrounding a generous concrete front porch. Facing the morning sun, it's a beautiful spot to enjoy a coffee and watch the day begin.

Inside, polished timber floorboards bring warmth and character throughout the home. The spacious front lounge provides a comfortable place to relax, complete with split system heating and cooling, before flowing through to the central kitchen and dining area.

The updated kitchen is simple, stylish and incredibly functional, featuring beautiful timber benchtops, plenty of cabinetry and stainless steel appliances including an upright gas stove and dishwasher.

All three bedrooms are a great size, with the master bedroom positioned at the front and offering an entire wall of built-in robes. The combined bathroom and laundry has also been beautifully updated, with a shower over bath and striking feature tiling creating a space with plenty of personality.

Step outside to a covered rear alfresco area and an easy-care backyard that provides enough room to enjoy without taking over your weekends. One of the property's biggest surprises is the substantial 7.8m x 7.6m garage. Accessed conveniently from the side street and complete with a remote lift door, there's an incredible amount of space for vehicles, a workshop, hobbies or additional storage, a feature that's particularly hard to find on a property of this size.

The practical extras continue with a 17-panel solar system helping to offset electricity costs, instantaneous natural gas hot water and multiple split systems providing year-round heating and cooling.

With vinyl cladding, aluminium windows and a metal roof keeping ongoing exterior maintenance to a minimum, this is a home designed to be enjoyed rather than constantly worked on.

Cute, comfortable and ready to go, 3 Richard Street combines a manageable block, an excellent shed and a peaceful position opposite the recreation reserve. Whether you're buying your first home or simply looking for somewhere that's easier to maintain, there's a lot to love about this Korumburra cottage.

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 Richard St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$420,000
13 Oct 2021
Listed for Rent
$250/w
30 May 2017
  • 28 Aug 2026
    Listed for Sale $490,000 - $520,000
  • 13 Oct 2021
    Sold for $420,000
  • 01 Oct 2021
    Listed for Sale $429,000
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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 3,151 properties. Over the last 5 years, Houses in Korumburra have seen a 14.87% increase in median value, while Units have seen a 22.95% increase. As at 31 August 2026:

  • The median value for Houses in Korumburra is $585,495 while the median value for Units is $435,021.
  • Houses have a median rent of $480 while Units have a median rent of $370.
There are currently 54 properties listed for sale, and 7 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 142 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.