Korumburra at a glance
4,851
People
$599,500
Median sale
$446/wk
Median rent
3.87%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
VIC › Korumburra › Hannah Rise Cres
$635,000
Last sold
3 Sept 2025
4
Bedrooms
3
Bathrooms
2
Car spaces
873 m²
Land
177.3 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$635,000
3 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Korumburra (last 5 years) with land size have a median of $704/m² of land (n=125). Districts calculation from recorded sales — not a valuation.
Korumburra at a glance
4,851
People
$599,500
Median sale
$446/wk
Median rent
3.87%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
Vs Korumburra
+5.9%
Median sale
Suburb $599,500
-0.22 pp
Gross yield
Suburb 3.87%
Suburb median $599,500 from 72 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $446/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Korumburra at a glance
4,851
People
$599,500
Median sale
$446/wk
Median rent
3.87%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Terri Fellows Real EstateSurrounded by Korumburra’s picturesque rolling hills and vibrant green landscapes, this new home offers a modern twist on country living. Set on an impressive 873m2 allotment, this home seamlessly combines practical design with refined, contemporary comfort.
From its gently elevated position in a quiet, family-friendly area, the home’s crisp façade and landscaped gardens create an immediate sense of welcome, with a grand opportunity to build additional shedding.
Step inside via the wide entry hall and straight into the heart of the home, the open-plan kitchen, dining and living domain has been designed for seamless connection. Sleek stone benches, quality stainless-steel appliances, a generous breakfast bar, and crisp white cabinetry sit against a contrasting, herringbone-tiled splashback, offering both style and practicality for the family chef.
Natural light floods the adjacent living area, while glass sliders invite patio dining overlooking the yard, where you capture sunsets and watch the children play.
The privately positioned main bedroom suite feels like a retreat, featuring a spacious walk-in robe and private ensuite that boasts an LED backlit mirror, walk in shower, toilet and stone bench tops finished with brushed metal tapware. Two further robed bedrooms and two bathrooms occupy their own wing, one serviced by full-size bath toilet & vanity, and the other with a shower, vanity and toilet—ideal for growing families or visiting guests. A secondary living zone adds flexibility, whether you need a cosy media room, kids’ rumpus, while a fourth bedroom can also act as a home office.
Year-round comfort is assured with split-system heating and cooling, and everyday convenience comes courtesy of a double garage on remote with internal access, a full laundry with a pedestrian door to the clothesline, and low-maintenance landscaped surrounds with a large water tank to support thriving growth to a veggie patch or green thumbs dream design.
Set on a generous allotment in one of Korumburra’s most peaceful pockets, this residence keeps you close to everything that matters. Local Primary and Secondary schools, sporting facilities, parks and the vibrant town centre are all just minutes away, while a scenic drive delivers you to the pristine beaches of South Gippsland or the wineries of the Strzelecki Ranges.
If you’ve been searching for a home that marries modern style, practical design and an idyllic country backdrop, 11 Hannah Rise deserves a place at the top of your list.
For more information please don’t hesitate to contact Terri 0400 573 483 | Tahnee 0410 029 953 or we look forward to seeing you at our next open for inspection.
Property Code: 664
Listing description written by Tahnee Morgan, Terri Fellows Real Estate — reproduced as published, not verified by Districts.
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