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Real Estate Market: Is Korumburra South VIC 3950 a Good Suburb to Buy Into?
Housing Market in Korumburra South
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $518 | Bottom 36% |
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| Premium | Premium | Premium |
Housing Supply in Korumburra South
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 0 | Bottom 38% |
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| 0.0 | Bottom 10% | Data for Jul 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 0 | Bottom 27% | Data for Dec 2025 |
Housing Stock Quality in Korumburra South
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 100.0% | Top 31% | Data for Jan 2021 | ||
| 2.8 | Top 23% |
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Korumburra South
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 0.0 sq km | Bottom 18% | Data for Jun 2023 |
Risk in Korumburra South
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 46 | Top 18% | Data for Jun 2023 | ||
| $617 | Bottom 3% |
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| 76 | Bottom 33% | Data for Jun 2023 | ||
| 78 | Top 33% | Data for Jun 2023 | ||
| 22.6% | Top 47% |
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| 45.8% | Top 31% |
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Housing Demand in Korumburra South
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 11500 | Bottom 46% |
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| 73700 | Top 42% |
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| Premium | Premium | Premium | ||
| 31600 | Top 35% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Korumburra South
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $382 | Bottom 31% |
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| Premium | Premium | Premium | ||
| 75.9% | Top 32% |
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LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | South Gippsland |
Median Unit Sale Prices by Street (1)
| Date | Median sale value | Street |
|---|---|---|
| 07 Nov 2025 | $600,000 | Whitworths Rd |
Recently Sold Houses (15)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 50 Whitworths Rd | Price Withheld | 4.0 | 07 Nov 2025 | 0 | On Market | ||
| 50 Whitworths Rd | $536,880 | 07 Nov 2025 | 0 | On Market | |||
| 60 Whitworths Rd | Price Withheld | 6.0 | 3.0 | 6.0 | 30 Oct 2025 | 0 | On Market |
| 68 Whitworths Rd | Price Withheld | 6.0 | 3.0 | 6.0 | 08 Oct 2024 | 0 | On Market |
| 68 Whitworths Rd | Price Withheld | 6.0 | 3.0 | 6.0 | 01 Oct 2024 | 0 | On Market |
Median House Sale Prices by Street (1)
| Street | Date | Median sale value |
|---|---|---|
| Whitworths Rd | 05 Sep 2025 | $739,000 |
Turnover Rate by Street (3)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 137.5% | Whitworths Rd | very high turnover | Every 7.3 years (very high turnover) | 2025 |
| 14.3% | Wallaces Rd | very tightly held | Every 70.0 years (very tightly held) | 2025 |
| 200.0% | Andersons Rd | very high turnover | Every 5.0 years (very high turnover) | 2025 |
Percent of Renters by Street (5)
| Percent of Renters | Street |
|---|---|
| 0.0% | Korumburra South Rd |
| 0.0% | Andersons Rd |
| 0.0% | Hoggarts Rd |
| 0.0% | Wallaces Rd |
| 0.0% | Whitworths Rd |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| 850 Korumburra South Rd | $290 | 09 Jun 2017 | |||
| 850 Korumburra South Rd | $290 | 09 Jun 2017 | |||
| 850 Korumburra South Rd | $290 | 09 Jun 2017 | |||
| 850 Korumburra South Rd | $290 | 09 Jun 2017 | |||
| 850 Korumburra South Rd | $290 | 09 Jun 2017 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 880 Korumburra South Rd | Price Withheld | 3 | 1 | 22 Jun 2023 | 0 | |
| 880 Korumburra South Rd | Price Withheld | 3 | 1 | 22 Jun 2023 | 0 | |
| 880 Korumburra South Rd | Price Withheld | 3 | 1 | 22 Jun 2023 | 0 | |
| 880 Korumburra South Rd | Price Withheld | 3 | 1 | 22 Jun 2023 | 0 | |
| 880 Korumburra South Rd | Price Withheld | 3 | 1 | 22 Jun 2023 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 50 Whitworths Rd | $536,880 | 07 Nov 2025 | On Market | |||
| 50 Whitworths Rd | Price Withheld | 4.0 | 07 Nov 2025 | On Market | ||
| 50 Whitworths Rd | Price Withheld | 4.0 | 07 Nov 2025 | On Market | ||
| 50 Whitworths Rd | Price Withheld | 4.0 | 07 Nov 2025 | On Market | ||
| 50 Whitworths Rd | Price Withheld | 4.0 | 07 Nov 2025 | On Market |
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Profiles
Nearby Suburbs