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5 Karmai Court, Korumburra$350,000
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5 Karmai Court

Korumburra, VIC 3950, Australia
$350,000
2 bed 1 bath 1 car157 m²

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About this property

Conveniently located within easy reach from the main street, is this comfortable 2-bedroom unit. Currently an excellent investment with the long-term tenant on a periodic lease, this unit would also be an ideal opportunity for a first-home buyer or those who are looking to downsize. Features of this unit include: 2 bedrooms with built in robes. The kitchen includes a gas stove, walk-in pantry with good bench and cupboard space. Dining area with split system reverse cycle. Separate lounge area. Central bathroom features a walk-in shower, vanity and toilet. Enclosed front porch and courtyard area with lawn. Single car garage for secure vehicle storage. Only a short walk to the town's shops and cafes. 10 mins to Leongatha, 20 mins Inverloch and just 1 hour to Melbourne's South-eastern suburbs. For further information or to inspect this unit, please contact Katrina Griggs on 0428 571 083. For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
157 m²
Listed
3 months ago

Repayment calculator

$1,697/month
$848 /fortnight
Loan $280,000 at 6.10% over 30 years

Upfront costs

Deposit$70,000
Stamp duty$16,070
Conveyancing (est.)$2,000
Total upfront$88,070
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 2-bedroom apartment in Korumburra, VIC 3950 sits within reach of public transport, local shops and nearby schools. It is listed 32% below the $512,500 median of 78 comparable apartmentswithin 5 km.

Schools near Korumburra

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

What's nearby

  • Carinya Lodge/Carinya Cres (bus)344 m away
  • Parry's Jewellery and Watches1.0 km away
  • Unnamed243 m away
  • Peterson Street Reserve427 m away
  • Unnamed625 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 2 bed

$466kcurrent median

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