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 › Jumbunna Rd
4
Bedrooms
2
Bathrooms
3
Car spaces
6,427 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 House sales in Korumburra (last 5 years) with land size have a median of $705/m² of land (n=126). 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 Area Specialist SolutionsIts Addressed:
An extremely rare find, this stunning property offers the perfect balance between rural tranquillity and in-town convenience. Privately positioned well back from the road on a sprawling 1.5-acre allotment, it provides the peace and space of country living while enjoying all the benefits of being within the township - including mains water, sewer and natural gas. From its elevated position, the home takes in magnificent sweeping views across the rolling green hills of South Gippsland that will simply take your breath away.
Immaculately maintained and exceptionally well built, the brick veneer home is a testament to quality construction and attention to detail. The versatile floorplan includes four generous bedrooms, with the master featuring an ensuite, while multiple formal and informal living and dining areas provide plenty of room for the whole family. The central kitchen is highly functional and features abundant storage, a gas cooktop, dishwasher and a seperate butlers pantry with sink, all adjoining a light-filled meals area.
A long list of premium features ensures year-round comfort and effortless living, including double-glazed windows, zoned ducted heating and cooling, ducted vacuum system, instant gas hot water, NBN connectivity, plumbed fridge cavity, and electric shutters to the bedroom. The home is further enhanced by a whopping 28-panel solar system with 2x Fronius Primo inverters, 2x 13.5kw Tesla Powerwall Batteries, completely eliminating electricity bills, plus a full CCTV system providing both efficiency and peace of mind.
Externally, the property is equally impressive. A full concrete circular driveway with electric entrance gate provides easy access and a grand sense of arrival, leading to a double garage with electric tilt door and a large 12m x 7m powered shed. The stunning grounds are beautifully established, featuring manicured lawns, mature trees and shrubs offering complete privacy, as well as a 72,000-litre concrete tank for garden use. A fully enclosed courtyard and backyard are securely fenced for dogs large and small, while the expansive covered alfresco area is perfect for entertaining family and friends in total comfort.
The family bathroom has been thoughtfully designed with accessibility in mind, featuring a large walk-in shower and corner bath. Every detail of this home reflects quality, functionality and care, making it truly move-in ready.
Zoned Residential 1, the property also offers possible subdivision potential (STCA), adding future value to an already exceptional lifestyle opportunity.
Once you reach the top of the driveway, you’ll feel a world away from everything, yet the main street, schools, shops and amenities of Korumburra are all within easy walking distance. This is a unique offering that truly delivers the best of both worlds - privacy, space, and views without compromise.
A lifestyle sanctuary in a class of its own - your private inspection is an absolute must to appreciate all that this property has to offer.
Looking to buy, sell or rent in South Gippsland? Get in touch with your expert team today and call Jack Gilchrist on 0411 181 577 or Jassy Batrouney on 0428 294 388 or pop into our office at 8/43-49 Little Commercial Street, Korumburra.
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 of any pertinent matters.
Listing description written by Jack Gilchrist, Area Specialist Solutions — reproduced as published, not verified by Districts.