Korumburra Growth Area

Korumburra is located in the scenic rolling foothills of the Strzelecki Ranges in South Gippsland, west of Leongatha which is another larger town close by with many facilities including  a shopping precinct. Korumburra has fertile soils and reliable rainfall, several parks and reseves, a playground, outdoor pool and primary and secondary schools.

Korumburra is centrally located to a number of attractions in the area including the picturesque Strzelecki Ranges and Wilsons Promontory National Park and an easy drive to Leongatha, Meeniyan and Warragul.

 Last month Korumburra had 10 properties available for rent and 70 properties for sale. Median property prices over the last year range from $580,000 for houses to $450,000 for units. If you are looking for an investment property, consider houses in Korumburra rent out for $417 PW with an annual rental yield of 4.1% and units rent for $340 PW with a rental yield of 4.3%. Korumburra has seen an annual compound growth rate of 5.5% for houses and 7.1% for units.

Call us today, if you are thinking of purchasing in this area and see how much you can borrow 0427 238 222.