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2/31 Bates Avenue, Korumburra$430,000
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2/31 Bates Avenue

Korumburra, VIC 3950, Australia
$430,000
3 bed 1 bath 2 car197 m²

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StMate Estimate

Estimated market value today, from comparable sales

Medium confidence
$420,000likely $395,000$555,000

Based on 8 comparable sales near Korumburra.

Indicative only, not a formal valuation. Actual value depends on condition and market movement since sale.

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Listing description

About this property

Tucked away in a quiet setting, this neat and tidy three-bedroom townhouse offers comfortable, low-maintenance living with a pleasant outlook across the surrounding town and countryside. Inside, the home is well-presented and functional, featuring a practical kitchen with stainless steel appliances, including an electric cooktop, oven and dishwasher. The living area is kept comfortable year-round with reverse cycle heating and cooling, while sliding doors open onto a timber deck-an ideal spot to sit back and take in the view. The main bedroom is serviced by a semi-ensuite, providing convenient access for both residents and guests, while the remaining bedrooms are well-sized and filled with natural light. Downstairs, a double garage and additional storage room add to the home's practicality. An easy-care property with a relaxed feel, suited to those seeking a simple and comfortable place to call home.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
197 m²
Listed
1 month ago

Repayment calculator

$2,085/month
$1,042 /fortnight
Loan $344,000 at 6.10% over 30 years

Upfront costs

Deposit$86,000
Stamp duty$20,870
Conveyancing (est.)$2,000
Total upfront$108,870
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Korumburra

This 3-bedroom apartment in Korumburra, VIC 3950 sits within reach of public transport, local shops and nearby schools. It is listed 2% below the $440,000 median of 70 comparable apartmentswithin 5 km.

Schools near Korumburra

  • Korumburra Primary Schoolprimary · Prep-6 · CoEd
  • Korumburra Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Coal Creek (bus)262 m away
  • IGA828 m away
  • Unnamed163 m away
  • Unnamed510 m away
  • Unnamed984 m away

Korumburra at a glance

Full suburb profile
Population
4,749
Median age
47
Household income
$1,175/wk
Median rent
$270/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Korumburra price trend

Median sold · House 3 bed

Compound growth -0.7% / yr over 4 yrs

$520kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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This listing

Price history

Price history

Listing price changes & sale

2 price changes recorded for this property

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