98 Mine Road, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

98 Mine Road
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 912m2
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Last updated 26 Jan 2026
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Property Details for 98 Mine Rd, Korumburra

98 Mine Rd, Korumburra is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 912m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Land Size
912m2
Local Government
South Gippsland
Lot/Plan
23~Q/PP5434

Last Listing description (May 2023)

Loved and cared for by the same local family for many years, this family home is now ready for a new beginning.
Currently set up as a 2 bedroom residence, with built-in robes, the home could easily be made back to 3 bedrooms. Features include front entry into the main lounge with reverse cycle heating and cooling, spacious modern kitchen with new gas cooktop and oven, separate dining (or 3rd bedroom), huge family room ideal for the pool table and entertaining plus study, bathroom and laundry.
Outside the family room the doors open to the 3 car carport leading into the double lock-up remote garage/workshop. The back yard is a gardeners dream with fernery, garden shed and an abundance of established trees. The secure yard is perfect for kids and pets and the property backs onto parkland for extra space to run around.

This is a great opportunity to enter the property market at an affordable price that is ready to move in to.

Property History for 98 Mine Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$420,000
05 May 2023
  • 15 May 2023
    Listed for Sale $425,000
  • 05 May 2023
    Sold for $420,000
  • 19 Jul 2014
    Transferred
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About Korumburra 3950

The size of Korumburra is approximately 59.9 square kilometres. It has 13 parks covering nearly 1.4% of 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 3,119 properties. Over the last 5 years, Houses in Korumburra have seen a 38.38% increase in median value, while Units have seen a 51.05% increase. As at 31 December 2025:

  • The median value for Houses in Korumburra is $565,281 while the median value for Units is $456,694.
  • Houses have a median rent of $500 while Units have a median rent of $370.
There are currently 62 properties listed for sale, and 6 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.