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 |
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
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17 LOWER GORDON ST, KORUMBURRA, VIC, 3950 |  4 |
 2 |
 2 |
$795,000 |
|
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19 LOWER GORDON ST, KORUMBURRA, VIC, 3950 | 4 |
2 |
2 |
$695,000 |
|
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4 HILLSIDE CT, KORUMBURRA, VIC, 3950 | 3 |
1 |
0 |
$449,000 |
|
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8604 SOUTH GIPPSLAND HWY, KORUMBURRA, VIC, 3950 | 3 |
1 |
0 |
$550,000 |
|
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27 STATION ST, KORUMBURRA, VIC, 3950 | 4 |
1 |
0 |
Contact Agent |
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27 RIFLEBUTTS RD, KORUMBURRA, VIC, 3950 | 3 |
2 |
2 |
$650,000 |
|
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UNIT 2, 37 PRINCES ST, KORUMBURRA, VIC, 3950 | 3 |
2 |
1 |
NEW PRICE $498,000 |
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26 BENA RD, KORUMBURRA, VIC, 3950 | 4 |
2 |
4 |
$900,000 |
|
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3 HYMAN ST, KORUMBURRA, VIC, 3950 | 3 |
1 |
4 |
New Price $500,000 |
|
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95 ISABELLA BVD, KORUMBURRA, VIC, 3950 | |
|
$275,000 | |
|
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4 KARMAI CT, KORUMBURRA, VIC, 3950 | 2 |
1 |
1 |
New Price $360,000 |
|
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5 KARMAI CT, KORUMBURRA, VIC, 3950 | 2 |
1 |
1 |
New Price $360,000 |
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6 ABBY RD, KORUMBURRA, VIC, 3950 | |
|
$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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.2 | 13.0 | 25.4 | 49.0 | 93.8 | 4.3 | 24.5 |
| Feb | 1.5 | 13.2 | 25.1 | 47.6 | 88.1 | 4.3 | 20.1 |
| Mar | 1.9 | 12.1 | 23.4 | 49.9 | 83.7 | 4.0 | 15.4 |
| Apr | 2.2 | 9.6 | 20.2 | 52.9 | 85.1 | 3.5 | 11.3 |
| May | 3.4 | 8.0 | 16.8 | 61.5 | 94.2 | 3.7 | 8 |
| Jun | 2.9 | 6 | 14.6 | 63.3 | 91.8 | 3.3 | 6.8 |
| Jul | 2.4 | 6.0 | 13.9 | 64.4 | 94 | 3.9 | 7.4 |
| Aug | 3 | 6.4 | 14.5 | 60.9 | 94.0 | 4.2 | 10.1 |
| Sept | 2.9 | 7.6 | 16.8 | 57.9 | 94.1 | 4.2 | 14.1 |
| Oct | 2.4 | 8.5 | 18.8 | 57.6 | 94.3 | 4.3 | 19.0 |
| Nov | 2.4 | 10.1 | 20.4 | 57.6 | 95.5 | 4.5 | 22.3 |
| Dec | 2.2 | 11.6 | 22.4 | 54.2 | 95.0 | 4.4 | 25.0 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
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
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