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 › Kelly And Mosses Rd
3
Bedrooms
2
Bathrooms
4
Car spaces
4,088 m²
Land
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded Rural Property sales in Korumburra (last 5 years) with land size have a median of $48/m² of land (n=7). 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.
Planning
Planning scheme
ZN
Zone
FARMING ZONE
FZ
Jurisdiction
South Gippsland
South Gippsland, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
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
VICZoned FARMING ZONE · FZ (ZN). Official parcel area about 4,069 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 4,069 m² — land size can look like optionality. What reduces it: EROSION MANAGEMENT OVERLAY - SCHEDULE 1. Coastal or erosion overlay is a finance and insurance screen, not a view amenity. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned FARMING ZONE · FZ (ZN). Official parcel area about 4,069 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownlowOfficial parcel about 4,069 m² — land size can look like optionality. What reduces it: EROSION MANAGEMENT OVERLAY - SCHEDULE 1. Coastal or erosion overlay is a finance and insurance screen, not a view amenity.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 Area Specialist SolutionsSet in an ideal position on the outskirts of the Korumburra township and surrounded by larger farming properties, this charming country homestead on one acre has been exceptionally well maintained and offers the best of rural living with peace and quiet, fresh air and some cracking views of the rolling green hills.
You are welcomed into a stunning, light filled living area at the front of the home, added by reputable local builders Considine & Johnston in 2016. This is an absolutely magnificent space with double glazed windows soaking up the northern sun and enjoying a wonderful aspect over the established gardens.
A central hall connects this space seamlessly with the country-style kitchen, featuring a double oven, induction cooktop and integrated dishwasher. The main lounge is spacious and full of charm with a unique wagon-wheel window, plus you have a separate formal dining area adjacent.
There are three great sized bedrooms on offer, including a master with walk-in robe and a functional ensuite. The family bathroom has been beautifully renovated to feature endless built-in storage and bench space and a huge walk-in shower. The laundry has also been cleverly updated and offers plenty of built-in storage.
For those who love to entertain, there are a range of spaces to enjoy here – a large paved area at the side can accommodate larger gatherings, not to mention the beautiful deck off the living area to sit back and enjoy the view and a full-length covered veranda at the front to enjoy your morning coffee.
Stepping outside, this property is a gardener’s paradise with a stunning horseshoe rose garden, offering many beautiful rare varieties of roses. The gardens are surprisingly low-maintenance and lawns are easy to manage on the ride-on mower.
You can park securely in the large 12m x 7.6m shed, complete with power, concrete floor and a remote roller door. Water will never be a problem with a huge concrete tank and two extra backup poly tanks. Enjoy the comfort of split system heating/cooling, plus a wood fire for winter.
Just a five-minute drive into the Korumburra township, this special property offers the ideal rural lifestyle without compromising convenience. Whether you're looking for the perfect family home or a tranquil place to retire, this one is sure to impress.
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.
Listing description written by Jack Gilchrist, Area Specialist Solutions — reproduced as published, not verified by Districts.
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