FOR SALE
$410,000 - $450,000

15 Lower Gordon Street
Korumburra VIC 3950

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4100m2
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CALLING INVESTORS! BUY, BUILD, RETURN, NOW

Introducing a fantastic investment opportunity at 15 Lower Gordon Street, Korumburra. This
approx 4100 square meter plot of land boasts an exceptional location, nestled in the heart of the picturesque township of Korumburra. Perfect for investors, this general residential zoned property presents the potential for unit development, subject to council approval (STCA). As previously in the past was approved for 12 units.
With a generous land size of approximately 4100 square meters, this plot provides ample space for you to build your dream home or execute your next development project. Imagine creating a thriving community of residential units, with the potential to cater to the growing demand for modern and comfortable living in this charming area.
Located just a stone's throw away from Korumburra's main street, future residents will enjoy the convenience of being within walking distance to an array of local amenities, including shops, cafes, schools, and public transport links. This is truly an unparalleled opportunity to capitalize on the rising popularity of the region, as more and more people are attracted to the idyllic lifestyle it offers.
Don't miss your chance to secure this prime piece of real estate in the sought-after locale of Korumburra. With the perfect blend of potential, location, and land size, 15 Lower Gordon Street is an opportunity not to be missed.
Contact us today to find out more and take the first step towards a prosperous investment.
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Property Details for 15 Lower Gordon St, Korumburra

Building Type
Land
Land Size
4100m2

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About Korumburra 3950

The size of Korumburra is approximately 59.9 square kilometres. It has 13 parks covering nearly 1.4% of total area. The population of Korumburra in 2011 was 4,374 people. By 2016 the population was 4,491 showing a population growth of 2.7% in the area during that time. The predominant age group in Korumburra is 60-69 years. Households in Korumburra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Korumburra work in a trades occupation. In 2011, 74.2% of the homes in Korumburra were owner-occupied compared with 73% in 2016.

Korumburra has 3,103 properties. Over the last 5 years, Houses in Korumburra have seen a 73.74% increase in median value, while Units have seen a 61.68% increase. As at 30 November 2024:

  • The median value for Houses in Korumburra is $574,019 while the median value for Units is $441,594.
  • Houses have a median rent of $440 while Units have a median rent of $375.
There are currently 103 properties listed for sale, and 5 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Korumburra.

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George Auddino
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Valentino Auddino
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AUDDINO FIRST NATIONAL - Korumburra
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