53 Korumburra-Warragul RoadWarragul VIC 3820
Property Details for 53 Korumburra-Warragul Rd, Warragul
Last Listing description (July 2025)
Raine & Horne Land Victoria proudly presents an exceptional opportunity to secure a versatile property in one of Warragul's most dynamic and fast-growing precincts. Positioned on just under 2 acres, this unique holding offers the perfect blend of lifestyle, investment, and development potential (STCA).
Set in a high-growth corridor and surrounded by future development activity, this property presents enormous potential for those seeking a strategic acquisition with long-term upside. The existing character-filled residence offers immediate comfort, while the additional self-contained unit and expansive shedding further enhance its appeal.
Key Feature:
• Future Development Opportunity (STCA): With ample land and a highly accessible location, this property is ideal for subdivision, redevelopment, or land banking.
• Charming Family Home: A well-maintained 3-bedroom, 2-bathroom home with multiple living areas-ideal for families, tenants, or as a base for future improvements.
• Self-Contained Unit: A separate unit provides flexible options for Airbnb, guest stays, or independent living for extended family.
• Huge 4-Bay Shed + Extra Storage: Excellent for trades, equipment, or hobbyists, offering practicality and convenience.
• Unbeatable Location: Only minutes from Warragul and Drouin town centres, with stone throw distance to the M1 Freeway, schools, shops, medical facilities, and more.
• Land Bank or Live In: The perfect dual-purpose property-enjoy it now while planning for future development or investment return.
• Whether you're looking to secure a long-term asset, generate rental income, or explore subdivision potential, 53 Korumburra-Warragul Road is a rare offering with outstanding versatility.
Don't miss your opportunity to secure a high-potential property in a rapidly evolving location.
Please call today to arrange an inspection.
Satyaveer S Jodha (VEER): 0423 620 183
Pushpinder P Bajwa (VINNY): 0433 836 421
Disclaimer:
Every precaution has been taken to establish the accuracy of the above information; however, it does not constitute any representation by the vendor, agent or agency. Prospective purchasers are requested to take such action as is necessary to satisfy themselves of any relevant matters.
Our photos, floor plans and site plans are for representational purposes only and should be used as such, we accept no liability for the accuracy or details in our photos, floor plans or site plans.
Please note the status of and or the information on the property may change at any time.
Please see the link below for due diligence check-list.
https://www.consumer.vic.gov.au/duediligencechecklist
Property History for 53 Korumburra-Warragul Rd, Warragul, VIC 3820
- 29 May 2025Sold for $1,850,000
- 22 May 2025Listed for Sale Contact Agent
- 18 Apr 2024Listed for Sale Endless Potential
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About Warragul 3820
The size of Warragul is approximately 55.0 square kilometres. There are 43 parks, covering nearly 4.4% of the total area. The population of Warragul in 2016 was 15757 people. By 2021 the population was 19856 showing a population growth of 26.0% in the area during that time. The predominant age group in Warragul is 30-39 years. Households in Warragul are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Warragul work in a professional occupation.In 2021, 74.70% of the homes in Warragul were owner-occupied compared with 72.70% in 2016.
Warragul has 13,449 properties. Over the last 5 years, Houses in Warragul have seen a 15.58% increase in median value, while Units have seen a 21.21% increase. As at 31 July 2026:
- The median value for Houses in Warragul is $733,083 while the median value for Units is $443,584.
- Houses have a median rent of $580 while Units have a median rent of $410.
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