50 Isabella Boulevard, Korumburra, VIC 3950 | Property Value & History | OnTheHouse
OFF MARKET

50 Isabella Boulevard
Korumburra VIC 3950

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6535m2
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Last updated 8 Jun 2026
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Property Details for 50 Isabella Bvd, Korumburra

Building Type
Land
Land Size
6535m2
Local Government
South Gippsland
Lot/Plan
146/PS833237

Last Listing description (June 2026)

The final stage release in Korumburra's pre-eminent land estate, Daisybank.The estate has many impressive houses already built and all lots have sealed curb and channelling, underground electricity, sewerage, telephone, water & natural gas. The estate has a natural amphitheatre feel with each block having great views of the beautiful surrounding hills and this final estate having the most impressive. The estate also features a playground for families with young children and is only a short stroll back into the main street of town.The town has two Primary Schools, a High School, and its own Hospital. The town is self sufficient with many amenities likely to be found in suburbia but with a rural feel.Historically Korumburra was an important black coal town which grew up to meet the Victorian demands for power in the late 19th century. Today it still has the Coal Creek Community Park and Museum which is a significant tourist attraction for the town, reminding visitors of its mining past. More recently, the town has focused on dairy and cattle for the local economy and Burra Foods, which is a processor and exporter of dairy ingredients, is a major employer in the town.The closest significant towns are Tooradin to the north west, Warragul to the north and Leongatha to the south east.

Property History for 50 Isabella Bvd, Korumburra, VIC 3950

A timeline of how this property has performed in the market
  • 11 Jun 2026
    Listed for Sale 6535m2 $1,600,000
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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.
There are currently 57 properties listed for sale, and 4 properties listed for rent in Korumburra on OnTheHouse. According to Cotality's data, 136 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.