The land is very gently undulating to flat with an outstanding water supply via 2 very large dams, total of approximately 50 megaliters, plus other dams. In addition to this is a secure 40 inch annual rainfall. Fenced to 10 paddocks, there is a laneway to the stockyards which are rail line post and rail. Ideal for grazing, horses, horticulture or vegies. A large hay shed is centrally located plus a second shed is also suitable for hay.
There are numerous positions to build a home with stunning rural views and a treed area provides some bush appeal and firewood opportunity.
This superb property is in an excellent centrally location to both Korumburra 10 minutes, Leongatha 10 minutes and Inverloch 20 minutes is 1 hour 45 minutes.
The property is currently leased with possibilities to continue or would run approximately 50-60 cows & calves or around 100 steers.
Any questions or inspections contact Don Olden 0417 805 312 or Jean O'Loughlin 0428 571 083.
The size of Korumburra South is approximately 17.4 square kilometres. The population of Korumburra South in 2011 was 4,374 people. By 2016 the population was 100 showing a population decline of 97.7% in the area during that time. The predominant age group in Korumburra South is 0-9 years. Households in Korumburra South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Korumburra South work in a labourer occupation. In 2011, 74.2% of the homes in Korumburra South were owner-occupied compared with 66.6% in 2016..
Korumburra South has 59 properties. Over the last 5 years, Houses in Korumburra South have seen a 142.87% increase in median value. As at 31 October 2024:
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