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Investment Property Korumburra, VIC, 3950

Suburb Snapshot

Korumburra is a suburb in the South Gippsland Region of Victoria. Korumburra has a population of 4,475 people and 19.97% of its occupants live in rental accommodation. The median listing price for houses is $630,000 and this has changed 0.80% over the past year and changed 7.69% over 2 years.

The median rent in Korumburra for houses is $445 per week and the median rental yield is 3.67%. Stock on the market for houses/townhouses has changed -10.81% compared to last year and the average time to sell a house/townhouse is 111 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Korumburra is NA per week, producing a rental yield of NA.

Supply & Demand in Korumburra, South Gippsland

0.12%

Current vacancy rate


3

Rental stock available


4,475

Population


19.97%

Rental population


0.26%

Current vacancy rate


48

Rental stock available


28,699

Population


13.30%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Korumburra, South Gippsland

  House Townhouses Units
Median listing price $630,000 NA NA
Median price change - last quarter 0.00% NA NA
Median price change - 1 year 0.80% NA NA
Median price change - 2 years 7.69% NA NA
  House Townhouses Units
Median weekly rent $445 NA NA
Median yield % 3.67% NA NA
Median rent change - 1 year 1.13% NA NA
  House Units
Previous month sales 10 0
Stock on market previous month 66 5
Stock variance vs. last year -10.81% 150.00%
Average days on market 111 NA

Korumburra investment property listings

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