5 Petersen Street, Korumburra, VIC 3950 sold on 04 May 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 04 May 2026 for $520,000

5 Petersen Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 111m2
Land area: 649m2
Sold By
agent headshot
Area Specialist Jack Gilchrist
Save

Property Details for 5 Petersen St, Korumburra

5 Petersen St, Korumburra is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 649m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom House sold in Korumburra in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
111m2
Land Size
649m2
Local Government
South Gippsland
Lot/Plan
93/LP50568

Last Listing description (June 2026)

Perfectly positioned in a quiet, neighbourly street just an easy walk to Korumburras main street, medical facilities, schools and sporting grounds, this charming weatherboard cottage is the ideal place to start.Set proudly behind a lovely front fence on a generous 649m allotment, the home offers immediate street appeal with low-maintenance gardens and a welcoming covered front porch - the perfect spot for a morning coffee.Inside, the home has been beautifully renovated and exceptionally well maintained. A spacious front lounge greets you on entry, complete with a cosy fireplace for those chilly South Gippsland winters, complemented by ducted gas heating throughout for year-round comfort.The layout is functional and family-friendly, featuring:- A generous front bedroom- A second central bedroom or ideal home office- A huge master retreat at the rear with walk-in robe, private ensuite and direct access onto the deckThe brand new family bathroom is simply stunning, showcasing a walk-in shower, large vanity and a gorgeous deep bath - perfectly matched by the newly renovated laundry offering exceptional built-in storage and cabinetry.At the heart of the home, the open plan kitchen and dining area is light-filled and practical, complete with a huge corner pantry, electric oven and cooktop, and a full breakfast bar. This space flows seamlessly out to the enormous covered deck - an entertainers dream that can be enjoyed all year round.The backyard is private and secure, framed by established hedges and fully fenced for children and pets to play safely.And then the shed. The impressive 6m x 12m shed is an absolute standout, featuring a concrete floor, power, gantry, water, remote roller door and additional storage space at the rear. Theres also a large high-clearance carport perfect for the boat or caravan, plus a full-length concrete driveway secured by metal gates.Additional features include:- Instantaneous natural gas hot water- Large lockable garden shed with thriving passionfruit vines- Wood shed- Water tank with pump for garden useThis is an outstanding opportunity for first home buyers or downsizers wanting extra storage for the toys without compromising on comfort or style. Move straight in, unpack and enjoy from day one.Homes in this price bracket with this level of shedding and presentation are exceptionally rare - and this one will not last long.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 Petersen St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$520,000
04 May 2026
  • 04 May 2026
    Sold for $520,000
  • 17 Feb 2026
    Listed for Sale UNDER CONTRACT - $530,000-$550,000
  • 08 Oct 2020
    Sold for $350,000
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 3,153 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, 143 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.