Korumburra at a glance
4,851
People
$599,000
Median sale
$446/wk
Median rent
3.87%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
VIC › Korumburra › Sommers Cres
4
Bedrooms
2
Bathrooms
2
Car spaces
4,082 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
$599,000
Median sale
$446/wk
Median rent
3.87%
Suburb gross yield
Median sale from 71 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
$599,000
Median sale
$446/wk
Median rent
3.87%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White PakenhamWelcome to your dream retreat nestled on this lush acre property, adorned with verdant foliage and offering serene east views. This glorious ranch-style home has everything for you and your family.
Four large bedrooms, main bedroom with ensuite, a separate renovated family bathroom providing ample space for your family to thrive. With separate living areas, everyone can find their own slice of tranquility within this haven.
Step outside onto the extensive elevated and covered decked outdoor entertainment area, where you can bask in the beauty of the surrounding hills and farmland. Whether you're hosting gatherings or simply enjoying a quiet moment, this space is sure to enchant. Enjoy the sun rise and the privacy you have always desired.
Inside, the fully appointed kitchen beckons with its picture window overlooking your own private garden, infusing meal prep with a sense of serenity. Ample prep space and food storage in two large pantry cupboards.
The oversized double garage and workshop offer loads of room for your prized possessions and hobbies, ensuring both functionality and convenience.
Located on a sealed road, accessibility is never an issue, allowing you to easily drive any of your prized possessions to your dream home. Enjoy the convenience of being close to shops, restaurants, sporting grounds, the golf course, medical practitioners, and schools in the vibrant Korumburra town centre, with swift access to the main highway for added convenience.
Low Density Residential Zone so you can have a dependent person's unit and/or a large shed/building for storage.
In addition, you have town water connected and a 6kw solar system to keep your energy costs down. Coonara heating and split system heating and cooling ensure year round comfort.
Don't let this opportunity slip away. Secure your family's future on an acre of paradise today, and embark on a journey of blissful living amidst nature's splendor.
Listing description written by Alistair Boyle, Ray White Pakenham — reproduced as published, not verified by Districts.
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