Suburb Profile Korumburra

Supply Demand History in Korumburra

MonthSupplyDemand
2015 Apr4222184
2015 May4192432
2015 Jun3942137
2015 Jul3802151
2015 Aug3692150
2015 Sep3471911
2015 Oct3471759
2015 Nov3391787
2015 Dec3381586
2016 Jan3332179
2016 Feb3242238
2016 Mar3232262
2016 Apr3242152

More Recent Sold in Korumburra

Address Sold Price
104 Bridge Street 4 $580,000
5 Goad Court 4 $561,000
18 Mine Road 0 $265,000
35 George Street 4 $770,000
7 Concetta Court 3 $526,000

More Recent Rent in Korumburra

Address Price/Week
5 Baptist Lane 2 $390
1A Jumbunna Road 3 $430
4 King Street 3 $360
105b Clancys Road 1 $300
22 Rudds Road 3 $450

Rent Yield in Korumburra

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$350,000--$350,000--1
2$400,889$3504.54%$395,000$3404.48%20
3$637,141$4213.44%$565,000$4283.94%47
4$789,972$5553.65%$699,000$5554.13%41
5$1,460,375--$1,533,750--4
6$1,350,000--$1,350,000--1
House
1$350,000--$350,000--1
2$408,000$3804.84%$430,000$3804.60%5
3$619,083$4243.56%$565,000$4333.99%36
4$689,236$5554.19%$690,000$5554.18%27
5$1,677,500--$1,677,500--1
Unit/apmt
2$385,800$3454.65%$389,000$3404.54%10
3$477,500--$477,500--2
Townhouse
3$468,000$3804.22%$468,000$3804.22%2
Other
3$435,000--$435,000--1
4$1,282,500--$1,232,500--4
5$1,134,500--$1,134,500--2
6$1,350,000--$1,350,000--1
Unknown
2$455,000$3403.89%$455,000$3353.83%5
3$883,600$4402.59%$790,000$4402.90%6
4$844,800--$699,500--10
5$1,895,000--$1,895,000--1

Demographics of Korumburra

PopulationSizeKorumburraMelbourne
All People30524645103
Country of OriginKorumburraMelbourne
Australian Born88%71%
Born Overseas - Top 5KorumburraMelbourne
United Kingdom5%4%
Italy3%2%
Netherlands1%1%
New Zealand1%1%
Median household incomeKorumburraMelbourne
Weekly income$885$1,333
Age StatisticsKorumburraMelbourne
40 to 5924%26%
60+24%17%
20 to 3922%29%
5 to 1922%21%
0 to 47%6%
Family Statistics - Top 5KorumburraMelbourne
Married53%52%
Never Married27%32%
Widowed10%6%
Divorced6%7%
Separated4%3%
Religion - Top 5KorumburraMelbourne
Anglican28%17%
Catholic24%32%
No Religion22%20%
Uniting Church15%7%
Presbyterian and Reformed4%4%
Occupation - Top 5KorumburraMelbourne
Intermediate Clerical/Sales/Service6%7%
Associate Professional5%5%
Tradespersons and Related Workers5%6%
Intermediate Production and Transport4%4%
Professionals4%8%
Education - Top 5KorumburraMelbourne
Not Attending (Working)77%74%
Infants/Primary10%9%
Secondary Education8%8%
Technical or Further Education2%3%
Pre-School2%2%
Transport to Work - Top 5KorumburraMelbourne
Car (driver)24%27%
Walked2%1%
Car (passenger)2%3%
Worked at home2%2%
Type of Dwelling - Top 3KorumburraMelbourne
Separate house90%78%
Flat7%12%
Nature of Occupancy - Top 3KorumburraMelbourne
Fully Owned48%44%
Purchasing24%27%
Rented21%23%
Monthly Loan Repayment - Top 5KorumburraMelbourne
$400-$59927%18%
$600-$79920%21%
$200-$39918%10%

Crime Rate of South Gippsland

Crime TypeRate of BASS COASTRate of VIC
Crime Against Property2,7634,607
Crime Against the Person966940
Drug Offences214311
Other Crime862875
Total4,8056,733
Note: Korumburra belongs to city South Gippsland. Crime rate means the number crimes per 100,000 population.

Based on Australian Bureau of Statistics data

Map And Street View

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.
Where Melbourne's immigrants were born

Korumburra, VIC 3950 (101.94 km to CBD)

Median House Price

$572,500

Median Unit Price

$392,500

Sold
Rent
Suburb
Auction
School

Surrounding Suburbs

Selected Demographics of Korumburra

  • 2153 Number of House
  • 313 Number of Unit
  • 3052 Number of People
  • 43 Median Age
  • 2.4 Median Household Size
  • $187 Weekly Rent
  • $454 Weekly Individual Income
  • $1,106 Weekly Family Income
  • $874 Weekly Household Income
  • $572,500 Median Asking Price
  • $435 Median Rent
  • 0.04% Rent Yield
  • 110 Stock On Sale
  • 1.26% Vacancy Rate
  • 323 Average Supply
  • 2225 Average Demand
  • 6.89 Supply Demand Ratio

Schools in Korumburra

School NameSchool SectorSchool Type
Korumburra Primary SchoolGovernmentPrimary
Korumburra Secondary CollegeGovernmentSecondary
St Joseph's SchoolIndependentPrimary

Leading Agencies (Sale)

Alex Scott & Staff - Korumburra 29%

Auddino First National - Korumburra 27%
Elders Real Estate - Leongatha 5%
Vic Properties - Doncaster 5%
Spencer's Unlock Real Estate 5%
Stockdale & Leggo - Korumburra 5%
Treacy & Brown Real Estate 4%
Stockdale & Leggo - Leongatha 3%
Karen McCormick Real Estate 3%
Area Specialist Solutions - PAKENHAM 2%

Leading Agents (Rent)

Agent NamePercentage
Alex Scott & Staff - Korumburra46%
Auddino First National - Korumburra45%
Elders Real Estate - Leongatha5%
Stockdale & Leggo - Korumburra2%

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