63 Radovick Street, Korumburra, VIC 3950 | House for sale | OnTheHouse
FOR SALE
$510,000 - $560,000

63 Radovick Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1115m2
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Save

Prime Development Opportunity in the Heart of Korumburra.

Strategically positioned on a high-exposure 1,115m² corner block in sought-after Radovick Street, this property presents an exceptional development and investment opportunity. With dual street frontage and strong future growth potential, this site is perfect for developers, investors, and those looking to capitalize on Korumburra's evolving landscape.
Currently, a tenanted three-bedroom home provides immediate rental income while you plan your next move. The generous land size and strategic location make this an ideal prospect for a multi-unit residential project or a future commercial development (STCA).
Key Highlights:
- Premium location in the heart of Korumburra, just moments from the medical centre, main street, swimming pool, and park
- Zoning and size support multi-unit or mixed-use potential (STCA)
- Existing rental income with vacant possession available
- High-demand area with strong yields and long-term capital growth prospects
Don't miss this rare opportunity to secure a prime development site in one of Korumburra's most sought-after locations. Enquire today!
View Statement of Information

Property Details for 63 Radovick St, Korumburra

63 Radovick St, Korumburra is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1115m2. The place is currently for sale with OBrien Real Estate Cranbourne.

Building Type
House
Land Size
1115m2
Commute Calculator

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 2016 was 4469 people. By 2021 the population was 4749 showing a population growth of 6.3% 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 2021, 77.10% of the homes in Korumburra were owner-occupied compared with 73.00% in 2016.

Korumburra has 3,122 properties. Over the last 5 years, Houses in Korumburra have seen a 38.36% increase in median value, while Units have seen a 55.72% increase. As at 30 November 2025:

  • The median value for Houses in Korumburra is $544,550 while the median value for Units is $455,663.
  • Houses have a median rent of $535 while Units have a median rent of $370.
There are currently 67 properties listed for sale, and 5 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 139 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

Market Insights
Korumburra Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Korumburra Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
agent headshot
Brent Day
Show contact details
agent headshot
Alex Johnson
Show contact details
OBrien Real Estate Cranbourne
Preferred contact:
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.