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 › Warragul Rd
$340,000
For sale
Asking
0
Bedrooms
0
Bathrooms
0
Car spaces
900 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
Asking
$340,000
Asking · $378/m² of land
No recorded sale for this property.
Local land rate: recorded Land sales in Korumburra (last 5 years) with land size have a median of $317/m² of land (n=9). 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
-43.3%
Median sale
Suburb $599,500
+2.95 pp
Gross yield
Suburb 3.87%
Suburb median $599,500 from 72 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$20,070 on top of the price (5.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Korumburra's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Gross yield if leased at the suburb aggregate is 6.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Barry Plant KorumburraWe are excited to present a premium selection of blocks of land, nestled in the picturesque region of Korumburra South Gippsland, with Site works starting early 2026* and titles expected to be finalized in mid-late 2026*. These lots offer breathtaking views of the rolling hills and lush landscapes that South Gippsland is renowned for, providing a serene backdrop for your future home.
In addition to the stunning views, these blocks are conveniently located close to local shops and amenities, ensuring that all your daily needs are just a short distance away. For those who love the outdoors, the Great Southern Rail Trail is right at your doorstep, offering endless opportunities for walking, cycling, and exploring the natural beauty of the area.
All lots come fully serviced, with Power, water and sewage connections available, making the process of building your dream home even more seamless.
Available Lots and Pricing:
Lot 1 - 900m2: $340,000
Lot 2 - 880m2: $320,000
Lot 3 - 506m2: SOLD
Lot 4 - 801m2: $285,000
Lot 5 - 709m2: $290,000
Lot 6 - 713m2: $290,000
Lot 7 - 807m2: $310,000
Lot 8 - 804m2: $320,000
Lot 9 - 682m2: $280,000
Lot 10 - 682m2: $280,000
Lot 11 - 682m2: $280,000
Lot 12 - 682m2: $280,000
Lot 13 - 682m2: $280,000
Lot 14 - 776m2: $330,000
Lot 15 - 1089m2: (under offer)
Lot 16 - 1137m2: (under offer)
Lot 17 - 1055m2: $335,000
Lot 18 - 1107m2: $335,000
Lot 19 - 1648m2: $310,000
Lot 20 - 1039m2: (under offer)
Lot 21 - 2091m2: SOLD
Lot 22 - 1454m2: $355,000
Lot 23 - 862m2: SOLD
Lot 24 - 748m2: $250,000
Lot 25 - 792m2: $250,000
Lot 26 - 792m2: SOLD
Lot 27 - 792m2: $250,000
Lot 28 - 830m2: $310,000
Lot 29 - 966m2: $330,000
Lot 30 - 1177m2: $355,000
This collection of lots offers a variety of price points and features, ensuring there's something for everyone. Several lots have already attracted interest, so act quickly to secure your preferred location. Whether you're a first-time buyer, a seasoned investor, or planning to build your forever home, these blocks of land are an exceptional choice with their scenic views, prime location, and fully serviced amenities.
For more information or to express your interest, please contact Sharni Weekes 0473 670 522.
Don't miss out on this fantastic opportunity – secure your future home today!
Listing description written by Sharni Weekes, Barry Plant Korumburra — reproduced as published, not verified by Districts.