4 Richard Street, Korumburra, VIC 3950 sold on 09 October 2025 | OnTheHouse
SOLD
Sold on 09 Oct 2025 for $425,000

4 Richard Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 975m2
Sold By
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Area Specialist Jack Gilchrist
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Property Details for 4 Richard St, Korumburra

4 Richard St, Korumburra is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 975m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Korumburra in the last 12 months.

Building Type
House
Year Built
1950
Land Size
975m2
Local Government
South Gippsland
Lot/Plan
2/TP136981

Last Listing description (December 2025)

Set on a generous 975m flat corner allotment, directly opposite the Korumburra Recreation Reserve, this classic 1950s cottage combines old-world charm with outstanding potential. Comprising two lots, the property offers exciting scope for future subdivision or development (STCA) or simply enjoy the lifestyle benefits of a spacious quarter-acre block right in town.

Inside, the home is comfortable and full of character, featuring a large open-plan lounge, kitchen and dining area with beautiful polished timber floors and decorative ceiling detail. The original kitchen remains functional with its upright gas stove, while year-round comfort is assured with split system heating/cooling and a solid-fuel fireplace.

Two lovely front bedrooms showcase picture rails and original timber sash windows, while a third bedroom at the rear offers flexibility as a home office or study. The light and bright bathroom has been recently updated with a corner shower, complemented by a second toilet and a practical mud room at the rear. A large laundry with built-in storage adds further functionality.

Outdoors, the property impresses with a huge side carport (equally suited to entertaining), an older-style workshop, and a high-clearance open carport/shed in the backyard perfect for caravans, boats, or trailers. Established gardens, fruit trees, a Colourbond roof, and a welcoming covered front porch complete the picture.

With side access from Nuttall Street and a quiet, leafy position within walking distance of schools, shops, and amenities, this is a rare opportunity to secure a versatile property with lifestyle and growth prospects. With a little bit of TLC, youll have a great home for years to come. Whether youre looking to renovate, develop, or simply enjoy the space, this home ticks all the boxes.

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 4 Richard St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$425,000
09 Oct 2025
Listed for Rent
$300/w
23 Apr 2019
  • 09 Oct 2025
    Sold for $425,000
  • 17 Sep 2025
    Listed for Sale UNDER CONTRACT - $450,000 - $480,000
  • 23 Apr 2019
    Listed for Rent $300 / week
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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 3,118 properties. Over the last 5 years, Houses in Korumburra have seen a 17.88% increase in median value, while Units have seen a 32.72% increase. As at 31 May 2026:

  • The median value for Houses in Korumburra is $567,044 while the median value for Units is $462,250.
  • Houses have a median rent of $480 while Units have a median rent of $370.
There are currently 59 properties listed for sale, and 3 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 146 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.