15 Lower Gordon StreetKorumburra VIC 3950
Property Details for 15 Lower Gordon St, Korumburra
Last Listing description (June 2025)
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.
Property History for 15 Lower Gordon St, Korumburra, VIC 3950
- 30 Apr 2025Sold for $410,000
- 31 May 2024Listed for Sale $410,000 - $450,000
- 01 Dec 2023Listed for Sale $465,000
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0About 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.
Suburb Insights for Korumburra 3950
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