120 Kardella RoadKorumburra VIC 3950
Property Details for 120 Kardella Rd, Korumburra
Last Listing description (August 2026)
Rarely does an opportunity like this present itself. Set on approximately 10 acres and positioned on the outskirts of Korumburra, this gently undulating parcel of vacant land offers the perfect canvas to create your dream lifestyle property (STCA).With power and town water available, this block presents with a rare opportunity for you to bring your vision to life. The Rural Living Zone also presents potential subdivision opportunities including 2 or 4 lot options, subject to the relevant approvals, adding further appeal for those looking to invest in the area's future.Enjoy beautiful rural views and the space, privacy and freedom that only acreage can provide, all while remaining just minutes from Korumburra's shops, schools, cafes and everyday conveniences.Vacant land of this size, with the ability to build and such close proximity to town, is becoming increasingly difficult to find. Whether you're planning your forever home, a lifestyle retreat or exploring future development potential, this is an opportunity not to be missed.
Property History for 120 Kardella Rd, Korumburra, VIC 3950
- 11 Jun 2026Listed for Sale $650,000 - $690,000
- 28 Feb 2021Sold for $557,000
- 18 Feb 2021Listed for Sale $445,000
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About Korumburra 3950
The size of Korumburra is approximately 59.9 square kilometres. There are 13 parks, covering nearly 1.4% of the 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 3,151 properties. Over the last 5 years, Houses in Korumburra have seen a 15.64% increase in median value, while Units have seen a 18.95% increase. As at 31 July 2026:
- The median value for Houses in Korumburra is $587,582 while the median value for Units is $439,242.
- Houses have a median rent of $480 while Units have a median rent of $370.
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