5 Lauren Way, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

5 Lauren Way
Korumburra VIC 3950

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 134m2
Land area: 800m2
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Last updated 31 Aug 2026
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Property Details for 5 Lauren Way, Korumburra

5 Lauren Way, Korumburra is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 800m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
House
Year Built
2009
Floor Size
134m2
Land Size
800m2
Local Government
South Gippsland
Lot/Plan
53/PS530942

Last Listing description (February 2025)

Perfectly positioned in the family friendly Gippsland Parks Estate opposite the playground and reserve while featuring a lovely outlook, this home offers first home buyers or Investors the opportunity to secure a large modern property on an 800m2 (approx.) allotment in a new estate without the price tag!

This spacious four-bedroom home features built in robes, two separate living areas plus a modern kitchen with gas cooktop, electric oven and dishwasher. Year-round comfort is assured for the whole family with ducted natural gas heating and a split system.

Outside you will find a large covered entertaining/alfresco area which is great for outdoor BBQs and living.

A bonus feature of this home is a 4kw solar panel system, offsetting your electricity bills. The extra-tall garage has wrap around shelving ideal for extra storage.

PROPERTY SNAPSHOT:
*Four-bedroom home
*Master with ensuite and WIR
*All bedrooms with BIR's
*Two bathrooms
*Two separate living zones
*Modern kitchen with Gas cooktop, electric oven and dishwasher
*Ducted Gas heating and Split system for all year-round comfort
*Undercover Alfresco area
*Double garage with rear pedestrian access
*Solor System 4KW
*800m2 approx. allotment
*Potential rental return of $500 PW

Please contact Melissa Weekes on 0409 247 881 or Marius Tekin on 0425 853 055 from Unlock Real Estate to arrange an immediate inspection.

Property History for 5 Lauren Way, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$550,000
12 Jan 2024
Listed for Rent
$495/w
04 Aug 2022
  • 12 Jan 2024
    Sold for $550,000
  • 13 Oct 2023
    Listed for Sale $540,000 - $580,000
  • 19 Jul 2022
    Listed for Rent $495 / 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 3,156 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 58 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

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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.