Back

Korumburra
VIC, 3950 - South Gippsland

Thinking about buying in Korumburra? Now could not be a better time, with 3216 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $612,000 with prices in this suburb ranging from $36,000 to $2,997,000. The aproximate distance to the coast is 14 Km.

Household Makeup

Median Weekly Rent $274.00
Median Monthly Mortgage $1210.29
Median Persons Per Bedroom 0.71
Average Household Size 2.00
Average Age 47.00
Average Income $583.29
Average Cars Per Dwelling 1.81
Average Properties Within 50M 7

Housing Stock

Average Property Prices

1 Bed  $437,000
2 Bed  $439,000
3 Bed  $584,000
4 Bed  $818,000
5 Bed  $883,000
6 Bed+$1,353,000
Properties for sale in Korumburra
Instant Property Valuation

Korumburra Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Korumburra due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Korumburra changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Korumburra necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Korumburra the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Korumburra

At Realty 17 LOWER GORDON ST, KORUMBURRA, VIC, 3950 Beds4 Bathrooms2 Parking 2 $795,000
At Realty 19 LOWER GORDON ST, KORUMBURRA, VIC, 3950 Beds4 Bathrooms2 Parking 2 $695,000
At Realty 4 HILLSIDE CT, KORUMBURRA, VIC, 3950 Beds3 Bathrooms1 Parking 0 $449,000
At Realty 27 STATION ST, KORUMBURRA, VIC, 3950 Beds4 Bathrooms1 Parking 0 Contact Agent
Elders 27 RIFLEBUTTS RD, KORUMBURRA, VIC, 3950 Beds3 Bathrooms2 Parking 2 $650,000
Elders UNIT 2, 37 PRINCES ST, KORUMBURRA, VIC, 3950 Beds3 Bathrooms2 Parking 1 NEW PRICE $498,000
Elders 26 BENA RD, KORUMBURRA, VIC, 3950 Beds4 Bathrooms2 Parking 4 $900,000
Elders 3 HYMAN ST, KORUMBURRA, VIC, 3950 Beds3 Bathrooms1 Parking 4 New Price $500,000
Elders 95 ISABELLA BVD, KORUMBURRA, VIC, 3950 Beds Bathrooms $275,000
Elders 4 KARMAI CT, KORUMBURRA, VIC, 3950 Beds2 Bathrooms1 Parking 1 New Price $360,000
Elders 5 KARMAI CT, KORUMBURRA, VIC, 3950 Beds2 Bathrooms1 Parking 1 New Price $360,000
Harcourts 6 ABBY RD, KORUMBURRA, VIC, 3950 Beds Bathrooms $179,000

Local Schools

St Joseph's School

Korumburra Secondary College

Korumburra Primary School

(While the above schools are located with the suburb of Korumburra there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Korumburra weather - Average Local Climate by month

(mm)
RAIN		Min (°C)
TEMP		Max (°C)
TEMP		Min (%)
HUMIDITY		Max (%)
HUMIDITY		 (m/sec)
WIND		 (MJ/sq m)
SOLAR
Jan1.213.025.449.093.84.324.5
Feb1.513.225.147.688.14.320.1
Mar1.912.123.449.983.74.015.4
Apr2.29.620.252.985.13.511.3
May3.48.016.861.594.23.78
Jun2.9614.663.391.83.36.8
Jul2.46.013.964.4943.97.4
Aug36.414.560.994.04.210.1
Sept2.97.616.857.994.14.214.1
Oct2.48.518.857.694.34.319.0
Nov2.410.120.457.695.54.522.3
Dec2.211.622.454.295.04.425.0

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

WhitelawKorumburra SouthKardella SouthKardellaJumbunnaBenaArawataRancebyJeethoRuby

Public Transport

Warragul - Greater then 10KM Longwarry - Greater then 10KM Leongatha - Greater then 10KM Trafalgar - Greater then 10KM Yarragon - Greater then 10KM Bunyip - Greater then 10KM Drouin - Greater then 10KM

General Points of Interest

Korumburra War Memorial - Less than 1 KM Korumburra Golf Course - Less than 5 KM Korumburra Outdoor Pool - Less than 1 KM Korumburra Bowls Club - Less than 2 KM

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!