22 Nason Street, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
FOR SALE

22 Nason Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 7999m2
This property is currently on the market
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Property Details for 22 Nason St, Korumburra

Building Type
Land
Year Built
1910
Floor Size
120m2
Land Size
7999m2
Local Government
South Gippsland
Lot/Plan
1/LP218499

Last Listing description (July 2026)

Rarely does a property arrive that renders compromise entirely unnecessary. This is one of those properties.

For more detailed information visit the dedicated property website at www.22nasonstreet.com

Aptly named "Waikare" for the trickling waters of the seasonal creek that winds through the rear of the property, this exquisitely renovated homestead carries a quiet poetry before you even step through the gate. The sound of water moving over river rocks and a small waterfall adds a layer of serenity that simply cannot be manufactured.

Sitting on a rare level two-acre allotment in the heart of historic Korumburra, this is the kind of turn-key acquisition that affluent city buyers spend years searching for and seldom find. Everything has been done. Everything has been done beautifully.
From both the front and rear verandahs, sweeping panoramas of the Gippsland countryside unfold in every direction. Yet for all its pastoral serenity, this is not a property that demands you surrender your lifestyle. A short stroll from the front gate delivers you directly into a growing township that punches well above its size. Korumburra offers a large supermarket, bakeries, niche boutiques, cafes, the award-winning Burra Brewing Co, The Middle pub, and the regionally renowned Rainbow Palace. Country life, without a single sacrifice.
A Home That Stops You In The Doorway
Step through the front door and the story begins immediately. Original leadlight stained glass panels draw the eye, while restored Baltic Pine floors finished in a premium German coating greet you with a warm honey satin feel that only genuine heritage timber can provide. A warm neutral colour palette takes quiet inspiration from the surrounding blue gum eucalyptus trees, creating a retreat-like ambience that feels both grounded and effortlessly refined.
Soaring high ceilings, elegant dado walls, and the considered bones of a genuine period homestead surround you, while every modern comfort has been thoughtfully integrated. All original double hung sash windows have been meticulously restored with double glazing and weather seals, with underfloor, ceiling and wall insulation installed throughout.
Three generously proportioned bedrooms each carry their own distinct character, dressed in classic architectural features, brand new carpet, built-in wardrobes, and insulating plantation shutters.
The Kitchen and Living Heart
The fully renovated kitchen and dining area is where the homestead truly earns its warmth. Overlooking the hill views and flooded with natural light, a brand new 900mm Bertazzoni dual fuel range cooker and Asko flush-mount silent dishwasher speak to those who cook seriously. An extra large fan-forced wood heater anchors the dining area with genuine whole-home warmth.
French doors open directly onto the bricked entertaining patio, making the transition from table to garden entirely seamless. A second set of French doors from the main living room opens onto the verandah, offering a beautiful sunny spot for a morning coffee while taking in the views down the valley.
A Bathroom Worth Lingering In
The fully updated main bathroom is a considered indulgence. A luxuriously deep cast-iron clawfoot bathtub takes centre stage, positioned to frame views to the night sky and the rising moon. A double walk-in shower with rainfall shower head completes the picture. Tiled wet areas throughout the bathroom, mudroom and powder room all feature timer-operated heated flooring. A well-appointed separate powder room and practical mudroom with generous storage sit adjacent.
The Land and The Lifestyle
The seasonal creek does more than provide atmosphere. Running through the rear paddock, it feeds directly into the dam, ensuring it holds water reliably throughout the year. The two-acre allotment is fully fenced across three separate paddocks, secured to a standard suitable for both sheep and horses.
Waikare was originally the main homestead on an 80-acre dairy farm, and the original dairy milking shed remains on title today, complete with mains water and three-phase power already connected. The potential to convert this into a studio, short stay accommodation or dual living (STCA) is genuine and immediately compelling.
The gardens are lush and considered, anchored by a magnificent canopy tree over a dedicated sitting area. Reverse cycle air conditioning and a neatly integrated European laundry complete a home where nothing has been overlooked.
The Opportunity
Korumburra sits approximately 90 minutes from Melbourne, placing Waikare firmly within reach as a weekend retreat, a permanent lifestyle change, or the foundation for a boutique accommodation experience along the Great Southern Rail Trail.
Properties of this calibre, in this condition, on this land, simply do not come along often.

Property History for 22 Nason St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$145,471
20 Dec 2006
  • 03 Jun 2026
    Listed for Sale $925,000 - $995,000
  • 20 Dec 2006
    Sold for $145,471
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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.
There are currently 57 properties listed for sale, and 3 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 136 properties were sold in the past 12 months in Korumburra.

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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.