6/50 Princes Street, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

6/50 Princes Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 155m2
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Property Details for 6/50 Princes St, Korumburra

6/50 Princes St, Korumburra is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 155m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2011
Floor Size
116m2
Land Size
155m2
Local Government
South Gippsland
Lot/Plan
2/PS640585

Last Listing description (January 2025)

Welcome to this delightful three-bedroom townhouse located at 6/50 Princes Street in the charming town of Korumburra, Victoria. This property is perfectly suited for the first home buyer eager to step onto the property ladder or the astute investor looking to add a gem to their portfolio.

Upon entering this North facing residence, you'll be greeted by a spacious open plan living area that seamlessly blends comfort with functionality. The ducted heating and split system ensure a cosy atmosphere all year round, while the master bedroom, complete with a walk-in robe (WIR) and an ensuite, offers a private retreat. The other two bedrooms are equipped with built-in robes (BIR), ensuring ample storage space.

The kitchen, a testament to modern convenience, features a dishwasher and separate filtered rainwater drinking water tap - perfect for those who value their health and time. The home benefits from instantaneous hot water, providing comfort and efficiency.

Parking will never be an issue with the generous two-car garage, and for those items you need to tuck away, the under house storage is a benefit. Step outside to the fully fenced private courtyard where privacy and peace are yours to relish.

This unit is more than just a home; it's a lifestyle choice for those seeking ease and convenience without sacrificing quality. With its excellent features and prime location, this property is ready to welcome its new owners. Don't miss out on this opportunity to make 6/50 Princes Street your very own slice of Korumburra.

Property History for 6/50 Princes St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$500,000
18 Nov 2021
  • 22 Jul 2024
    Listed for Sale $535,000 - $549,000
  • 18 Nov 2021
    Sold for $500,000
  • 15 Oct 2021
    Listed for Sale $480,000 - $520,000
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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 3,151 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 4 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 137 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.