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 › Korumburra Wonthaggi Rd
3
Bedrooms
2
Bathrooms
4
Car spaces
210,436.534 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
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 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 LeongathaDiscover this charming, approximately 80's built brick veneer home nestled on approximately 52 acres of undulating to steep picturesque land in South Gippsland. This north-east facing family home offers a warm and inviting ambiance, with captivating views from almost every room.
Upon entering, you'll be greeted by a spacious lounge and dining area, bathed in natural light, featuring an open fireplace, a near new Reverse cycle air-conditioner, and a spirits shelf for entertaining. The kitchen and meals area, along with an adjoining second lounge, offer modern comforts with near new reverse cycle air-conditioning and a Jindara freestanding wood heater.
Enjoy cooking in the functional timber kitchen with laminate benchtops, a new Westinghouse electric fan forced wall oven, a separate griller, and an electric Chef cooktop, all while being mesmerized by the scenic views of the farmland and rolling hills.
The house boasts three generous bedrooms, two with built-in robes, and the main bedroom featuring a walk-in robe and an ensuite. A central bathroom with a step-in shower and a large laundry with an adjoining toilet complete the family-friendly layout.
Step outside to a veranda at the front, perfect for basking in the morning sun, and an expansive veranda at the back, running the length of the house. There's also a single carport and two concrete water tanks (approx. 90,000L) for water storage.
Explore the beautiful established gardens with fruit and citrus trees, a small hothouse, and two vegetable boxes. Additionally, you'll find a spacious 6m x 13.5m lock-up shed with a workbench and freestanding wood heater, along with a brand-new 9m x 15m shed boasting two electric roller doors and concrete flooring for ample storage space and a further old hay shed/storage shed for machinery or supplies.
For your farming needs, the property offers three main paddocks and two smaller holding paddocks, all securely fenced (mostly all new) with a combination of barbed wire and electric plain wire. The heavy-duty stockyards with a three-year-old crush and loading ramp provide efficient livestock management. Water supply is ensured with four dams.
Stay connected with NBN internet available, making remote work a breeze. The property is conveniently located just 4 minutes' drive to Korumburra town centre for essentials, 20 minutes to Inverloch's stunning beaches, 25-30 minutes to Wonthaggi, and only 90 minutes to the eastern suburbs of Melbourne.
Embrace the serenity of country living while being close to amenities and coastal attractions. Don't miss this opportunity to make this immaculate rural retreat your own!
Call Barry Redmond on 0477 622 292.
Listing description written by Barry Redmond, Nutrien Harcourts Leongatha — reproduced as published, not verified by Districts.
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