5/50 Princes Street, Korumburra, VIC 3950 sold on 04 May 2026 | OnTheHouse
SOLD
Sold on 04 May 2026 for $505,000

5/50 Princes Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 119m2
Land area: 158m2
Sold By
agent headshot
Area Specialist Jack Gilchrist
Save

Property Details for 5/50 Princes St, Korumburra

5/50 Princes St, Korumburra is a 3 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 2011. The property has a land size of 158m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom Townhouse sold in Korumburra in the last 12 months.

Building Type
Townhouse
Year Built
2011
Floor Size
119m2
Land Size
158m2
Local Government
South Gippsland
Lot/Plan
4/PS640585

Last Listing description (June 2026)

Perfectly positioned right in the heart of Korumburra and within easy walking distance to shops, services and everyday conveniences, this beautifully maintained sandstone townhouse offers comfort, quality and genuine low-maintenance living. Built by a highly regarded local builder and presented in excellent condition throughout, its an ideal option for downsizers, investors or first home buyers seeking strong value.A welcoming covered front porch leads you inside to a generous main living area, which flows seamlessly through to the open plan kitchen and dining space. The kitchen is both practical and well-appointed, featuring quality cabinetry, stainless steel appliances, a striking porcelain sink and a spacious walk-in pantry with additional bench space for appliances. Sliding doors open out to a private rear alfresco, providing the perfect spot to relax while overlooking the established, easy-care gardens.All three bedrooms are well-sized and include built-in robes, while the master enjoys convenient direct access to the central bathroom, complete with a walk-in shower and separate bath. A second toilet on the main level adds further functionality for everyday living.The lower level accommodates a full laundry and a generous double remote garage with internal access, offering both space and security. Year-round comfort is covered with ducted natural gas heating alongside reverse cycle heating and cooling, complemented by updated window furnishings throughout.Thoughtfully finished and immaculately presented, the home also includes a range of added extras such as security doors, LED lighting and instant gas hot water. For those seeking a modern, low-maintenance property in a central location, this is a standout opportunity.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 5/50 Princes St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$505,000
04 May 2026
  • 04 May 2026
    Sold for $505,000
  • 01 Apr 2026
    Listed for Sale UNDER CONTRACT - $490,000 - $525,000
  • 05 Aug 2024
    Listed for Sale Not Disclosed
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 3,154 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.
There are currently 59 properties listed for sale, and 2 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 142 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.