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

7 Swanson Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 607m2
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Last updated 29 Jun 2026
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Property Details for 7 Swanson St, Korumburra

7 Swanson St, Korumburra is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 607m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in June 2025.

Building Type
House
Floor Size
91m2
Land Size
607m2
Local Government
South Gippsland
Lot/Plan
79/LP50568

Last Listing description (August 2025)

This well-built, entry-level home offers a practical layout and plenty of space, making it a smart choice for first-home buyers, downsizers, or investors. It features three comfortable bedrooms, a tidy central bathroom, and a light-filled living area that connects to the kitchen and meals space.

The kitchen is straightforward and functional, with ample cupboard space and room for everyday cooking. The home is equipped with ducted heating and a split system to keep you comfortable through all seasons, and external shutters provide added security and insulation.

Outside, the large backyard offers plenty of space for kids to play, pets to roam, or future improvements like a deck or garden beds. There's also a solid shed-ideal for storage, tools, or a workshop setup.

Set on a good-sized block in an established neighbourhood, this is a great opportunity to secure a reliable home with potential to update over time or rent out as-is.

Property History for 7 Swanson St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$395,000
24 Jun 2025
Listed for Rent
$380/w
04 Oct 2021
  • 24 Jun 2025
    Sold for $395,000
  • 15 May 2025
    Listed for Sale $395,000
  • 27 Oct 2023
    Listed for Sale $399,500 - $439,450 MUST SELL!
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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 59 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.