22 William Street, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

22 William Street
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 110m2
Land area: 806m2
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Property Details for 22 William St, Korumburra

22 William St, Korumburra is a 3 bedroom, 1 bathroom House. The property has a land size of 806m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in October 1981.

Building Type
House
Floor Size
110m2
Land Size
806m2
Local Government
South Gippsland
Lot/Plan
4/LP3804

Last Listing description (July 2026)

An outstanding development opportunity awaits in one of Korumburra's most sought-after locations. Offered as a whole on two separate titles and comprising approximately 402m each, this rare parcel presents a combined landholding of approximately 804m with exceptional potential for the astute investor, developer, or builder.

Positioned in a highly desirable area and benefiting from valuable side lane access, the property offers flexibility for a range of future development outcomes (STCA). Whether you're considering a townhouse or unit development, constructing a new family home, or exploring house and land package opportunities, this versatile site provides the perfect foundation for your next project.

Opportunities to secure two titles in such a tightly held location are becoming increasingly rare. With strong demand for quality housing in Korumburra and the convenience of nearby schools, shops, parks, and amenities, this is a prime chance to unlock the value of a substantial landholding in a thriving regional community.

Key Features:
Two separate titles
Approx. 402m per title (804m combined)
Highly sought-after Korumburra location
Side lane access
Excellent development potential (STCA)
Ideal for developers, investors, builders, or those seeking a premium development site

Don't miss this rare opportunity to secure a versatile development site with endless possibilities in one of Korumburra's most desirable pockets.

To arrange your private inspection please contact Leanne Soderlund on 0475 622 292 or Barry Redmond on 0477 622 292

Property History for 22 William St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
26 Oct 1981
  • 10 Jun 2026
    Listed for Sale $300,000
  • 26 Oct 1981
    Sold
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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 3,130 properties. Over the last 5 years, Houses in Korumburra have seen a 17.99% increase in median value, while Units have seen a 34.11% increase. As at 30 June 2026:

  • The median value for Houses in Korumburra is $580,454 while the median value for Units is $473,154.
  • Houses have a median rent of $490 while Units have a median rent of $370.
There are currently 59 properties listed for sale, and 2 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 140 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

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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.