55 Bridge Street, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

55 Bridge Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 124m2
Land area: 810m2
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Property Details for 55 Bridge St, Korumburra

55 Bridge St, Korumburra is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 810m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
House
Year Built
1950
Floor Size
124m2
Land Size
810m2
Local Government
South Gippsland
Lot/Plan
1/TP561704

Last Listing description (May 2016)

This superbly renovated North facing 3 bedroom home on the corner of Bridge Street and Gordon Street Korumburra has to be one of the best positions on that side of town. The fact that it backs up to the entrance of the Korumburra Hospital and is a 5min casual walk to the main street and supermarket, ticks many boxes!!
As you walk in the front door of this charming home with its lovely stained glass windows and 12ft ceilings with magnificent centre pieces it takes you back in time.
The living area is open plan and very spacious. The kitchen has been renovated recently and has gas hot plates / with electric oven and dishwasher.

The bedrooms are all large with ensuite to main.
Heating is by reverse cycle and there is a wood fire which heats the whole home.
The design of the home gives you the option to extend up on the roof area and put in another bedroom or retreat and then you would certainly capture some magnificent views.
As you walk outside there is a veranda that wraps around 2 sides of the home, and there is also a courtyard to the rear where you can sit and enjoy a nice glass of wine!!
The gardens are all established and low maintenance.
There is also a good size shed for you to play around in.
Certainly worth your consideration and has recently had price re - priced to sell.

Property History for 55 Bridge St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$261,000
21 Nov 2015
  • 21 Nov 2015
    Sold for $261,000
  • 06 May 2015
    Listed for Sale Not Disclosed
  • 18 May 2010
    Sold for $197,500
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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 3,121 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 64 properties listed for sale, and 3 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 147 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.