4 Karmai Court, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
FOR SALE

4 Karmai Court
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 115m2
Land area: 164m2
This property is currently on the market
Save

Property Details for 4 Karmai Ct, Korumburra

4 Karmai Ct, Korumburra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 164m2 and floor size of 115m2.This Property is currently listed for sale with Elders Real Estate Leongatha/Korumburra

Building Type
Unit
Year Built
1980
Floor Size
115m2
Land Size
164m2
Local Government
South Gippsland
Lot/Plan
4/SP22321

Last Listing description (July 2026)

Situated just a short stroll from Korumburra's main street, this affordable 2-bedroom unit offers a perfect blend of comfort and convenience. Currently serving as a great investment with an excellent return from the fixed term lease, this property also presents an ideal opportunity for first-home buyers looking to step into the property market or those seeking a cosy space to downsize.

Features of this unit include:
2 bedrooms with built in robes.

Well-appointed kitchen features a gas stove, walk-in pantry with good bench and cupboard space.
Separate lounge which is bright, light and includes a split system reverse cycle.
Central bathroom includes a walk-in shower, vanity and toilet.
Courtyard area with lawn.
Single car garage for secure vehicle storage.
The unit is situated within a short walk to the town's shops and cafes.
Located 10 mins Leongatha, 20 mins Inverloch and only 1 hour to Melbourne's South-eastern suburbs.

For further information or to inspect this unit, please contact Katrina Griggs on 0428 571 083.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property History for 4 Karmai Ct, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$140,000
26 Apr 2005
Listed for Rent
$370/w
14 Apr 2025
  • 07 Oct 2025
    Listed for Sale $350,000
  • 04 Jul 2025
    Listed for Sale New Price $360,000
  • 14 Apr 2025
    Listed for Rent $370 / week
Sign in to see more transactions
Commute Calculator

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 3,150 properties. Over the last 5 years, Houses in Korumburra have seen a 15.64% increase in median value, while Units have seen a 18.95% increase. As at 31 July 2026:

  • The median value for Houses in Korumburra is $587,582 while the median value for Units is $439,242.
  • Houses have a median rent of $480 while Units have a median rent of $370.
There are currently 56 properties listed for sale, and 3 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 135 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

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
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.