FOR SALE
955m2 $288,500

56 Isabella Boulevard
Korumburra VIC 3950

Bedrooms: -
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Land area: 955m2
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DAISYBANK ESTATE - FINAL STAGE!

Stage 8 is the FINAL release of lots in Korumburra's most prestigious estate - Daisybank. Titles are now available.
Each lot has sealed road curb and channelling, underground electricity, sewerage, telephone, water & natural gas.
The estate already boasts some very impressive houses in the previous 7 stages and this final stage has some of the best views of the surrounding area.
There is a playground for families with young children and it's only a short stroll back into the main street of town.
Historically Korumburra was an important black coal town which grew up to meet the Victorian demands for power in the late 19th century. Today it still has the Coal Creek Community Park and Museum which is a significant tourist attraction for the town, reminding visitors of its mining past. More recently, the town has focused on dairy and cattle for the local economy and Burra Foods, which is a processor and exporter of dairy ingredients, is a major employer in the town.
The town has two Primary Schools, a High School, and its own Hospital. The town is self sufficient with many amenities likely to be found in suburbia but with a rural feel.
The closest significant towns are Tooradin to the north west, Warragul to the north and Leongatha to the south east.

Property Details for 56 Isabella Bvd, Korumburra

Building Type
Land
Land Size
955m2

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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 3,100 properties. Over the last 5 years, Houses in Korumburra have seen a 69.05% increase in median value, while Units have seen a 64.09% increase. As at 30 September 2024:

  • The median value for Houses in Korumburra is $559,191 while the median value for Units is $441,878.
  • Houses have a median rent of $450 while Units have a median rent of $365.
There are currently 104 properties listed for sale, and 3 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in Korumburra.

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