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 › Hillcrest Way
$960,000
Last sold
10 Nov 2025
4
Bedrooms
3
Bathrooms
2
Car spaces
4,049 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
$960,000
10 Nov 2025 · derived via latest_sale
Local land rate: recorded Rural Property sales in Korumburra (last 5 years) with land size have a median of $45/m² of land (n=6). 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
+60.1%
Median sale
Suburb $599,500
-1.45 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
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 SolutionsPositioned amongst a tightly held and highly sought after pocket of beautifully presented acreage homes on the outskirts of the Korumburra township, this sprawling residence is truly one of a kind and has been carefully positioned to maximise the stunning rural outlook, whilst also offering a complete solar passive design.
An atrium entrance foyer welcomes you into this grand home, setting the scene for what lies ahead with an indoor garden, striking brick and slate detail and a vaulted glass ceiling. The formal dining and living rooms are separated by a 3-step level and the entire space has soaring 4 meter ceilings. The brick feature wall in the lounge incorporates a raised hearth fireplace, whilst the slate floor captures winter sun during the day, releasing its contained warmth as the coolness of the evening descends.
The casual living areas are equally well positioned to take advantage of the northern orientation, with walls of glass in natural timber doors and windows flooding light throughout the kitchen, meals and family room. This space has a private courtyard to the south, an ideal spot to sit back and relax in the evening. Every room in the house has windows to the north, including the large study/fourth bedroom with direct external access. A covered north-facing alfresco is ideal for those who love to entertain.
The master suite is zoned for seclusion with it’s own indoor garden, private balcony (with breathtaking views!), fully fitted walk-in robe and luxurious ensuite with spa bath. The remaining bedrooms are serviced by the central family bathroom, plus a third bathroom off the main hall is ideal for guests. Heating, cooling and airflow were all integral components in the overall design, with electric 7-zone off-peak floor heating, reverse cycle units in the living areas and endless doors and windows to allow for flow-through ventilation.
Stepping outside, the home is surrounded by a magnificent garden, showcasing a range of established trees and plants and framing the lush green backyard, ideal for children and pets to play whilst enjoying complete privacy from neighbouring properties.
Words simply cannot describe the quality and attention to detail in this home and an impressive list of extras includes a 17 panel solar system, oversized double remote garage and four separate indoor gardens. Whether you decide to put your own stamp on and create something truly special or love it just how it is, you’ll struggle to find another property of this calibre in such a great position.
Inspections are by private inspection only – to organise your personal tour, give us a call today. We can’t wait to show you through!
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.