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 › Grandview Rise
4
Bedrooms
2
Bathrooms
5
Car spaces
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
Nothing about this record stands out yet — coverage may still be filling in.
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.
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 @realtyIf there was an “elite class” for modern properties; 4 Grandview Rise Korumburra certainly fits the bill. Built by a reputable local builder, the home features a long list of bells and whistles and maximises the block to its full capacity, making it an appealing package for families or those looking to move into town from a larger holding.
Situated in a quiet area, not far from the heart of town and schools, this commanding home is aesthetically pleasing, right from the formal front entry, all the way to the large deck and shedding in the back yard.
The master bedroom and a living area are situated at the front of the home and can therefore be utilised as a parent’s retreat. The living area has double doors and could also be used as a home theatre room or office. The main bedroom is spacious and boasts a sizeable walk-in robe and stylish ensuite with oversized shower and twin sinks.
An open plan kitchen, living and dining area creates a fabulous space for those who love to cook, chat, hang out with family and entertain. A butler’s pantry is a handy bonus, and the stacker doors open up to the covered deck, making indoor/outdoor living a breeze. The kitchen is high-quality and boasts stone bench tops, gas cooktop, lots of storage and a dishwasher. The deck is generous in size and has built in heaters for the cooler months.
The three remaining bedrooms are situated in the other wing of the house and each have built in robes. The master bathroom features a luxurious bath, black tapware and feature lighting. This practical floor plan is ideal from those with growing families.
The laundry has also had nothing spared in its' design and presents loads of extra storage and practical features, including direct entry from the double garage.
A sought-after feature for many, is a generous 12.6 x 7.5m 3-bay shed with insulation, concrete floor, toilet, power internet and practical access via the rear door of the oversized double garage. The back yard has been well landscaped for low maintenance and can be utilised in a number of different ways, depending on your requirements.
Outstanding features to note include:
*Ducted cooling
*Ducted heating
*Double glazing
*Natural gas HWS
*Blue tooth speakers outdoors
*State-of-the-art security system
*Internet available in each room & shed
*Outdoor toilet for the shed or when entertaining outdoors.
*Heating on the deck
*27000 litre water tank
Please contact Christie on 0407 812 904 or Skye on 0498 136 161.
Listing description written by Christie Nelson, @realty — reproduced as published, not verified by Districts.