7 Bourke Street, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

7 Bourke Street
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 2
Car spaces: 4
Floor area: 98m2
Land area: 676m2
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Property Details for 7 Bourke St, Korumburra

7 Bourke St, Korumburra is a 2 bedroom, 2 bathroom House with 4 parking spaces and was built in 1920. The property has a land size of 676m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in June 2025.

Building Type
House
Year Built
1920
Floor Size
98m2
Land Size
676m2
Local Government
South Gippsland
Lot/Plan
2/TP820533

Last Listing description (July 2025)

Nestled in the heart of Korumburra, this charming three-bedroom residence presents an enticing opportunity for first-time buyers and savvy investors alike. Boasting two bathrooms, one of which is a convenient ensuite, this house promises comfort and privacy for all.Recently refurbished with plush new carpeting throughout, the abode welcomes you into an ambiance of warmth and contemporary style. The kitchen, well-equipped with a sleek dishwasher and fridge, is perfect for the home chef keen on crafting culinary delights.High ceilings amplify the sense of space and light in the living area, complemented by a split system to ensure year-round comfort. Built-in wardrobes in each bedroom offer ample storage, keeping the space tidy and well-organised.Outdoors, the property excels with a generous land size of 676 square metres, featuring a substantial 6m x 12m shed to cater to all your storage or workshop needs. With four parking spaces, there's ample room for vehicles.Convenience is key, with the property situated just a stone's throw from the bustling main street and local IGA, ensuring all essentials are within easy reach. This home is an ideal blend of lifestyle and location, ready to welcome its new owners.

Property History for 7 Bourke St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$440,000
04 Jun 2025
  • 04 Jun 2025
    Sold for $440,000
  • 26 May 2025
    Listed for Sale $440,000 - $460,000
  • 11 May 2021
    Sold for $340,000
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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 3,118 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 61 properties listed for sale, and 3 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 146 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.