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 › Macqueen Ave
$720,000
Last sold
29 June 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
841 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
$720,000
29 June 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
$599,500
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
+20.1%
Median sale
Suburb $599,500
-0.65 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
UnknownArea
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 Area Specialist Alistair BoyleIts Addressed:
40 MacQueen Avenue, Korumburra
Perched proudly on an elevated 841m² allotment in one of Korumburra’s most prestigious pockets, this impressive family residence delivers an exceptional combination of space, style, comfort and breathtaking views. Surrounded by quality homes and positioned within a highly sought after streetscape, this is a home designed for those who appreciate generous proportions, contemporary living and effortless entertaining.
From the moment you arrive, the home’s commanding street presence, expansive double frontage and beautifully landscaped gardens set the tone for what lies beyond.
Step inside and discover a thoughtfully designed floorplan offering four king sized bedrooms, multiple living zones and outstanding flexibility for growing families. The luxurious main bedroom serves as a true parents’ retreat, complete with a walk in dressing room and palatial ensuite. The remaining bedrooms are generously proportioned and serviced by a contemporary family bathroom, while the convenience of three separate WC’s ensures practicality for busy households and visiting guests.
At the heart of the home, the expansive entertainer’s kitchen is designed to impress. Featuring quality appliances, extensive bench space, abundant storage and a large central island, it effortlessly connects to the open plan dining and living areas. Whether hosting family gatherings or enjoying quiet evenings at home, this space is perfectly suited to modern living.
Large windows throughout the home capture an abundance of natural light while framing the picturesque rolling hills and district views that make this location so special. Sliding doors extend the living spaces onto the extensive elevated deck, creating the ultimate indoor outdoor entertaining experience where family and friends can relax and soak in the stunning outlook.
Downstairs provides even more versatility with a substantial rumpus room, ideal as a home theatre, games room, teenage retreat, home business space or additional living area. The oversized double garage with remote access, internal entry and extensive under house storage offers incredible practicality and room for all the extras.
Outside, the meticulously landscaped gardens create a tranquil setting, while the fully fenced backyard provides a safe and secure environment for children and pets to play freely. The solar system further enhances the home’s appeal by helping to reduce ongoing energy costs.
Features You’ll Love:
* Elevated 824m² allotment with breathtaking district and hillside views
* Four king sized bedrooms
* Main bedroom with walk in dressing room and luxurious ensuite
* Two bathrooms plus three separate WC’s
* Multiple spacious living zones
* Expansive entertainer’s kitchen with quality appliances
* Extensive elevated deck perfect for entertaining
* Large rumpus room downstairs
* Oversized double garage with remote access and internal entry
* Massive under house storage area
* Solar system for improved energy efficiency
* Beautifully landscaped gardens
* Securely fenced yard ideal for children and pets
* Prestigious location surrounded by quality homes
Combining breathtaking views, exceptional accommodation, multiple living areas and outstanding entertaining spaces, this substantial family residence offers a lifestyle opportunity rarely found in such a tightly held location.
A home that truly elevates family living in one of Korumburra’s finest addresses.
For more Real Estate in Korumburra contact your Area Specialist Alistair Boyle on 0488 588 894.
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 with any pertinent matters.
Listing description written by Alistair Boyle, Area Specialist Alistair Boyle — reproduced as published, not verified by Districts.
Victoria 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.