Back 4 Richard St
Off Market

4 Richard St

Korumburra VIC 3950

3
1
4
975 m²
House
Jack GilchristJack Gilchrist, last sold this property on 27 October 2025 after -164 days on market.

Overview

The Brief: Classic Cottage on a Huge Block with Development Potential

Set on a generous 975m² flat corner allotment, directly opposite the Korumburra Recreation Reserve, this classic 1950’s cottage combines old-world charm with outstanding potential. Comprising two lots, the property offers exciting scope for future subdivision or development (STCA) – or simply enjoy the lifestyle benefits of a spacious quarter-acre block right in town. Inside, the home is comfortable and full of character, featuring a large open-plan lounge, kitchen and dining area with beautiful polished timber floors and decorative ceiling detail. The original kitchen remains functional with its upright gas stove, while year-round comfort is assured with split system heating/cooling and a solid-fuel fireplace. Two lovely front bedrooms showcase picture rails and original timber sash windows, while a third bedroom at the rear offers flexibility as a home office or study. The light and bright bathroom has been recently updated with a corner shower, complemented by a second toilet and a practical mud room at the rear. A large laundry with built-in storage adds further functionality. Outdoors, the property impresses with a huge side carport (equally suited to entertaining), an older-style workshop, and a high-clearance open carport/shed in the backyard – perfect for caravans, boats, or trailers. Established gardens, fruit trees, a Colourbond roof, and a welcoming covered front porch complete the picture. With side access from Nuttall Street and a quiet, leafy position within walking distance of schools, shops, and amenities, this is a rare opportunity to secure a versatile property with lifestyle and growth prospects. With a little bit of TLC, you’ll have a great home for years to come. Whether you’re looking to renovate, develop, or simply enjoy the space, this home ticks all the boxes. Looking to buy, sell or rent in South Gippsland? Get in touch with your expert team today and call Jack Gilchrist on 0411 181 577 or Jassy Batrouney on 0428 294 388 or pop into our office at 8/43-49 Little Commercial Street, Korumburra. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.

Features

3 bedrooms
1 bathroom
4 carspaces
4 garage spaces
975 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Korumburra over the last 12 months, the estimated median property value of 4 Richard St is $500k.

Median value
$500k
Estimated value range
$310k - $780k
Median days on market
63
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Korumburra. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4 Richard St

2025
Sold
Undisclosed
27 Oct 2025 by Jack Gilchrist, of Area Specialist Solutions
2025
Sold
Undisclosed
Private Sale/Treaty on 27 Oct 2025 by Jack Gilchrist, of Area Specialist - Aspendale Gardens
2019
Rented
Undisclosed
Leased on 23 May 2019 by First National Real Estate Auddino

Happy sellers in Korumburra

70%
70% of sellers in Korumburra reported that their sale price either exceeded or met their price expectations.

Korumburra stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Korumburra over the last 12 months.

Local market activity for 3 bedroom houses in Korumburra

In the last 12 months, 63 three-bedroom houses similar to 4 Richard St, have been sold.

This represents a 11% increase in three-bedroom houses sales when compared to the previous 12 months.

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