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
$1,780,000
Last sold
31 May 2024
4
Bedrooms
3
Bathrooms
9
Car spaces
403,471.585 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$1,780,000
31 May 2024 · derived via latest_sale
Local land rate: recorded Rural Property sales in Korumburra (last 5 years) with land size have a median of $61/m² of land (n=6). 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
+196.9%
Median sale
Suburb $599,500
-2.57 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 Nutrien Harcourts LeongathaExperience country living in the heart of the Strzelecki Ranges with this stunning modern 4-bedroom home, featuring breathtaking panoramic views overlooking rolling foothills. This lovely contemporary home has been designed to make the most of the view while providing ample protection from the weather, making it the perfect retreat for those seeking a tranquil lifestyle.
Upstairs, you will find a spacious open-plan living area with a brand new gas heater, terrific kitchen, extensive bench space and cupboards, master bedroom, huge laundry and separate office. Step outside onto the undercover deck with a verandah that wraps around the home, providing you with an ideal place to relax and soak up the beautiful surroundings. Downstairs offers additional living space, 2 bedrooms and a bathroom. The 4-car garage with remote controls provides easy and secure internal access to the home.
This property is comprehensively appointed throughout, featuring quality appliances, double glazed windows in the living and master bedroom, Wormy Chestnut hardwood timber flooring, instant gas hot water, a northerly aspect and ample storage.
The property boasts predominately rolling to undulating country with extensive shelter belts and good carrying capacity with consistent fertiliser history and terrific pastures. The central laneway provides easy access to the 12 main paddocks with water by way of dams to troughs in each paddock. There is excellent shedding which includes 2 hay sheds, an enormous 8bay - 32m x 12m machinery shed (with 3 bays lock up + concrete flooring) and undercover stockyards with a loading race, making this property ideal for farming and livestock with the bonus of horse facilities.
Enjoy the perks of a fully self-contained one-bedroom, one-bathroom cottage that is north facing with rural views, providing separate housing for a dependant. The property also features a horse round yard, 8 horse paddocks, a tree-lined driveway.
Located just 1 hour drive from South-East of Melbourne and only 3.8km from the township of Korumburra, this property offers a wonderful lifestyle with rich farming land perfect for fattening cattle. Experience the ultimate in luxury and tranquillity
with this exquisite property. Book your inspection today and
prepare to be captivated by all that this property has to offer. Contact Nutrien Harcourts selling agent Matt Redmond on 0418 357 341.
Listing description written by Matt Redmond, Nutrien Harcourts Leongatha — reproduced as published, not verified by Districts.
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