8 South Railway Crescent, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

8 South Railway Crescent
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 88m2
Land area: 648m2
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Last updated 31 Aug 2026
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Property Details for 8 South Railway Cres, Korumburra

8 South Railway Cres, Korumburra is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 648m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Year Built
1900
Floor Size
88m2
Land Size
648m2
Local Government
South Gippsland
Lot/Plan
18/LP3570

Last Listing description (December 2019)

We need to sell this home so the Vendor can proceed to the next stage of their lives asap. If you don't drive, or you don't want to drive, take a look here. Only a stones throw from the IGA Supermarket and the main street of Korumburra. A true miners cottage with some nice features which includes a renovated bathroom, updated kitchen/dining with brand new gas cooktop & oven, in fact the entire home has been renovated throughout. Open lounge family room with reverse cycle heat/air conditioning. Take a seat on the front veranda and soak up the incredible view, it itself is worth a million dollars. Up the rear is a double carport, Lock-up shed plus a cubby house, which if you are keen you could transform into a sleepout, but you need to be keen though.

Property History for 8 South Railway Cres, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$280,000
26 Jun 2020
  • 26 Jun 2020
    Sold for $280,000
  • 19 Aug 2019
    Listed for Sale $279,000
  • 30 Apr 2014
    Sold for $147,000
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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 3,145 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 59 properties listed for sale, and 3 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 133 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.