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 › Fairbank Rd
$1,200,000
Last sold
22 Aug 2025
4
Bedrooms
2
Bathrooms
6
Car spaces
28,300 m²
Land
325 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
$1,200,000
22 Aug 2025 · 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
+100.2%
Median sale
Suburb $599,500
-1.94 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 Lifestyle & Acreage Real EstateCharming Country Retreat on Approx. 7 Acres – Spacious Family Living with Sweeping Rural Views
Lifestyle and Acreage Real Estate proudly presents 25 Fairbank Road, Korumburra – a rare and beautifully appointed lifestyle opportunity combining quality family living, exceptional shedding, and breathtaking views across approximately 7 acres of prime rural land.
Perfectly positioned just minutes from Korumburra township, this expansive four-bedroom, two-bathroom home delivers the ideal balance between peaceful country living and modern comfort. Whether you're upsizing, moving to acreage, or seeking a self-sufficient lifestyle, this residence has it all.
Key Features:
Land & Location:
Approx. 7 acres – ideal for hobby farming, livestock, or relaxed country living
Fully fenced with one dam and ample space for sheep or cattle grazing
Located minutes from town amenities, schools, shops, and South Gippsland Highway
Easy access to Inverloch beaches and Melbourne CBD (under 90 minutes)
Accommodation:
4 generously sized bedrooms with built-in robes
Master suite with walk-in robe, and a luxurious ensuite with double vanity
2 modern bathrooms with quality fixtures and finishes
Living & Comfort:
3 oversized living zones including a formal lounge, open-plan family room with integrated TV cabinetry, and a third living area set up as a poolroom with direct outdoor access
Formal lounge offers flexible use as a parents’ retreat or home theatre
Zoned ducted heating and refrigerated cooling for year-round comfort
Kitchen Excellence:
Contemporary country-style kitchen with Caesarstone benchtops and glass splash back
Large walk-in pantry, drawers and plenty of cabinetry
Stainless steel appliances including gas cooktop, electric oven, and dishwasher
Outdoor Living & Shedding:
Large alfresco with sliding door access – the perfect spot to enjoy panoramic rural views
Circular driveway with upgraded modern façade for striking street appeal
Massive lockable main shed: 16m x 8m, ideal for workshops or tradies
3-sided open bay machinery shed: 12m x 6m – great for farming equipment or additional storage
16m x 9m fully concreted area adjacent to the shed, ideal for further expansion
Hay shed and fenced paddocks for livestock or hobby farming
Sustainability & Infrastructure:
Instant gas hot water with solar backup
Fronius 6.6kW solar power system
Large 110,000L rainwater tank plus an additional 20,000L storage tank
Septic treatment system with sand filter for efficient wastewater management
Why You'll Love It:
From the serene rural outlooks to the high-quality finishes and unbeatable space both inside and out, this property offers the ultimate in lifestyle living. Whether you’re raising a family, running a business, or simply seeking a peaceful escape, 25 Fairbank Road is a place to grow, relax, and thrive.
Perfect For:
✅ Growing families
✅ Hobby farmers & animal lovers
✅ Tradespeople & business operators
✅ Lifestyle seekers & tree-changers
✅ Investors with an eye for rare rural opportunity
Don’t miss your chance to secure this stunning lifestyle property in the heart of South Gippsland.
Contact Lifestyle and Acreage Real Estate today to arrange your private inspection.
Disclaimer: Lifestyle & Acreage Real Estate has taken all reasonable steps to ensure the accuracy of the information in this advertisement. However, we accept no responsibility for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers should conduct their own inquiries to verify the information.
Listing description written by Dev Sandhu, Lifestyle & Acreage Real Estate — reproduced as published, not verified by Districts.
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