49 Faulkner Street, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

49 Faulkner Street
Korumburra VIC 3950

Bedrooms: 6
Bathrooms: 5
Car spaces: -
Floor area: 291m2
Land area: 11108m2
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Last updated 15 Dec 2025
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Property Details for 49 Faulkner St, Korumburra

49 Faulkner St, Korumburra is a 6 bedroom, 5 bathroom House and was built in 2023. The property has a land size of 11108m2 and floor size of 291m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Year Built
2023
Floor Size
291m2
Land Size
11108m2
Local Government
South Gippsland
Lot/Plan
3/PS720391

Last Listing description (October 2020)

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Attractively positioned in a quiet location this 1.10 hectares (2.718 acres) block offers you a great opportunity to build your dream home and have the lifestyle that you've always wanted.

Giving you enough room for the family and animals to enjoy the freedom of space, you will feel far away from suburban living, yet still have the convenience of town, the location of this block will only become a more sought after area in the years to come.

Zoned Low density residential, cross overs constructed and connections available for this property, enquire now!

IF YOU LIVE IN AN AREA UNDER STAGE 3 RESTRICTIONS, IT IS A REQUIREMENT THAT YOU WEAR A SURGICAL OR CLOTH FACE MASK WHILE WITHIN THIS HOME OR NEAR OTHERS.

Property History for 49 Faulkner St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$305,000
01 Sep 2020
  • 01 Sep 2020
    Sold for $305,000
  • 29 Jul 2020
    Listed for Sale $315,000
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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 3,121 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 6 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 138 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.