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.

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

	19 LOWER GORDON ST, KORUMBURRA, VIC, 3950	4	2	2	$695,000
	4 HILLSIDE CT, KORUMBURRA, VIC, 3950	3	1	0	$449,000
	8604 SOUTH GIPPSLAND HWY, KORUMBURRA, VIC, 3950	3	1	0	$550,000
	27 STATION ST, KORUMBURRA, VIC, 3950	4	1	0	Contact Agent
	27 RIFLEBUTTS RD, KORUMBURRA, VIC, 3950	3	2	2	$650,000
	UNIT 2, 37 PRINCES ST, KORUMBURRA, VIC, 3950	3	2	1	NEW PRICE $498,000
	26 BENA RD, KORUMBURRA, VIC, 3950	4	2	4	$900,000
	3 HYMAN ST, KORUMBURRA, VIC, 3950	3	1	4	New Price $500,000
	95 ISABELLA BVD, KORUMBURRA, VIC, 3950				$275,000
	4 KARMAI CT, KORUMBURRA, VIC, 3950	2	1	1	New Price $360,000
	5 KARMAI CT, KORUMBURRA, VIC, 3950	2	1	1	New Price $360,000
	24 VICTORIA ST, KORUMBURRA, VIC, 3950	3	1	2	$600,000
	6 ABBY RD, KORUMBURRA, VIC, 3950				$179,000

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General Points of Interest

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