Korumburra at a glance
4,851
People
$599,000
Median sale
$446/wk
Median rent
3.87%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
VIC › Korumburra › Woodford Pl
$835,000
Last sold
11 May 2026
3
Bedrooms
2
Bathrooms
3
Car spaces
891 m²
Land
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
$835,000
11 May 2026 · 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
$599,000
Median sale
$446/wk
Median rent
3.87%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
Vs Korumburra
+39.4%
Median sale
Suburb $599,000
-1.09 pp
Gross yield
Suburb 3.87%
Suburb median $599,000 from 71 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 819 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. 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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 819 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?
KnownmediumOfficial parcel about 819 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
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
$599,000
Median sale
$446/wk
Median rent
3.87%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Area Specialist SolutionsTucked away at the very end of a peaceful cul-de-sac and directly adjoining the picturesque Woodford Reserve, this is a truly rare offering in one of Korumburra’s most tightly held and sought-after pockets. Opportunities like this are few and far between, where you can enjoy uninterrupted views of established parkland, mature trees and open space that will never be built out, all while being just a short stroll to the heart of town.
Craftsman built by a highly regarded local builder and lovingly maintained by just two owners since new, the home has been thoughtfully designed to offer both space and comfort in equal measure. Set on a flat and easy-care 891m² allotment, it delivers the perfect balance for those looking to downsize without sacrificing the size, quality or functionality of a full family home.
Step inside and you’re immediately welcomed by a sense of space, with high ceilings and wide hallways creating an open and airy feel throughout. A cosy front sitting room provides the perfect place to unwind in the evenings, while the heart of the home opens up into a vast open plan living, dining and kitchen zone finished with practical vinyl flooring and flooded with natural light.
The kitchen is well-appointed with quality appliances including a Bosch wall oven, electric cooktop, double dish drawer dishwasher and an abundance of storage, all overlooking the main living area and out to the spectacular alfresco beyond.
Designed for year-round entertaining, the expansive outdoor space is something truly special. Fully enclosed with wind-down blinds and complete with its own outdoor kitchen, oven and cooktop, fireplace and even a separate toilet, this is a space that will comfortably cater for the largest of gatherings in every season.
Accommodation is generous across the board, with oversized secondary bedrooms featuring built-in robes, serviced by a large central bathroom with walk-in shower and separate bath. The privately positioned master suite is tucked away at the rear, offering a peaceful retreat with walk-in robe and ensuite. A separate powder room and an enormous laundry, complete with additional space for a sewing or craft area, further enhance the home’s practicality.
Car accommodation and storage are exceptional, headlined by a huge 7-metre-wide garage with ample room for two vehicles plus additional space ideal for a caravan, trailer, workshop or home gym. A separate rear shed with concrete floor and power provides even more flexibility.
Comfort and efficiency have been carefully considered with features including full electric heated flooring throughout, multiple split systems, solar system, solar hot water, ducted vacuum with kitchen kick sweep and electric roller shutters to all bedrooms.
Outdoors, the established gardens are beautifully maintained and low maintenance, while the direct access and outlook to the reserve next door creates a sense of space and tranquillity rarely found so close to town. With no side fencing currently in place, the property fully embraces its stunning natural surroundings, with the option to fence if desired.
Positioned within easy walking distance to the bowls club, tennis club and Korumburra’s main street, this is a home that offers lifestyle, location and longevity in equal measure.
Immaculately presented and completely move-in ready, this is a once-in-a-lifetime opportunity to secure a quality home in a blue-chip location where homes are rarely offered for sale.
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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