31 Koonwarra Rd, Leongatha is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 833m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
This rendered brick and tiled roof home is one for an astute investor looking for a solid yield, with a possible rental return of $295 per week. There are 3 large sized bedrooms with built in robes, the master bedroom having a small ensuite with toilet and hand basin. There are 2 spacious living areas with floor coverings and window furnishings in good condition. Externally there is a timber deck outside the kitchen which leads to the single carport. This well situated home on a popular corner block positioned a short walk to the main street and a stones throw from the medical centre would be ideal for the growing family or the investor looking to get into the market.
The size of Leongatha is approximately 42.6 square kilometres. It has 23 parks covering nearly 1.9% of total area. The population of Leongatha in 2016 was 5654 people. By 2021 the population was 5869 showing a population growth of 3.8% in the area during that time. The predominant age group in Leongatha is 60-69 years. Households in Leongatha are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Leongatha work in a professional occupation.In 2021, 73.80% of the homes in Leongatha were owner-occupied compared with 71.30% in 2016.
Leongatha has 3,923 properties. Over the last 5 years, Houses in Leongatha have seen a 19.70% increase in median value, while Units have seen a 29.20% increase. As at 30 April 2026:
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