290 Clancys Road, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

290 Clancys Road
Korumburra VIC 3950

Bedrooms: 5
Bathrooms: 2
Car spaces: 5
Floor area: 332m2
Land area: 170049m2
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Property Details for 290 Clancys Rd, Korumburra

Building Type
Rural
Year Built
2007
Floor Size
332m2
Land Size
170049m2
Local Government
South Gippsland
Lot/Plan
1/TP123442

Last Listing description (May 2019)

Dairy, beef or lifestyle property, your choice!
Located just out of Korumburra on the Inverloch side of town, this 164 acre farm boasts what could be said as one of the most outstanding rural views from the beautiful rolling green hills to the ocean. Currently run as a fully operational dairy farm, the owners are prepared to consider a few options in selling, including giving the buyer the opportunity to lease an additional 70 acre parcel adjoining the property. The owners are also offering to lease back the property from the buyer giving you the ability to obtain a guaranteed income, whilst you build your dream home (STCA) in the prime location taking in 360 degree views.
The property is divided into approximately 32 paddocks, all serviced by a central laneway system, 22 swingover herringbone dairy, 7200 lt vat, auto feed system with silo, auto cup removers, various machinery sheds, secure water grid with dams, trough and header tank system, underpass, loading race and yards plus much more.

This property is located in South Gippsland's prime dairy country region which is fast becoming renowned for being one of Victoria's major 'food bowls'. 5 mins to Korumburra, with sealed road frontage to most of the farm, 20 mins to the golden beaches of Inverloch and one hours drive to the outer suburbs of Melbourne.
Fairview has been in the same family for many generations and therefore represents a unique opportunity to purchase this outstanding prime land.
Call today to arrange an inspection.

Property History for 290 Clancys Rd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$1,489,200
01 Mar 2021
  • 01 Mar 2021
    Sold for $1,489,200
  • 12 Dec 2018
    Listed for Sale $8,900pa
  • 31 May 2018
    Listed for Sale Contact Agent
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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 3,119 properties. Over the last 5 years, Houses in Korumburra have seen a 17.88% increase in median value, while Units have seen a 32.72% increase. As at 31 May 2026:

  • The median value for Houses in Korumburra is $567,044 while the median value for Units is $462,250.
  • Houses have a median rent of $480 while Units have a median rent of $370.
There are currently 60 properties listed for sale, and 3 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 142 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.