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1 Cormack Lane, Korumburra$287,500

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1 Cormack Lane

Korumburra, VIC 3950, Australia

$275,000 – $300,000

1215 m²

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About this property

Here's your chance to secure a generous 1,215m² block right in the heart of Korumburra. Situated on Cormack Lane, this spacious allotment provides the perfect canvas to build your dream home, with plenty of room for a large family residence, outdoor entertaining area, shed, and offers convenient dual access gates. Families will love the convenience of being close to local schools, shops, and sporting facilities. The central location places you just moments from the main street, Coleman Park, and both indoor and outdoor pools, offering leisure and lifestyle opportunities at your doorstep. A short stroll also takes you to IGA, adding even more convenience to this highly desirable location. Opportunities like this are rare - don't miss your chance to secure your future in the heart of town. Contact us today to arrange a site visit or find out more.

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 1215 m²
Listed: 3 months ago

Repayment calculator

$1,394/month

$697 /fortnight

Loan $230,000 at 6.10% over 30 years

Upfront costs

Deposit$57,500

Stamp duty$12,320

Conveyancing (est.)$2,000

Total upfront$71,820

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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Korumburra

This land in Korumburra, VIC 3950 sits within reach of public transport, local shops and nearby schools. It is listed 35% below the $445,000 median of 76 comparable landswithin 5 km.

Schools near Korumburra

Korumburra Primary Schoolprimary · Prep-6 · CoEd
Korumburra Secondary Collegesecondary · 7-12 · CoEd

What's nearby

Korumburra (bus) — 175 m away
Parry's Jewellery and Watches — 314 m away
Coleman Park — 339 m away
Unnamed — 514 m away
Peterson Street Reserve — 1.0 km away

Korumburra at a glance

Full suburb profile

Population: 4,749
Median age: 47
Household income: $1,175/wk
Median rent: $270/wk
Median mortgage: $1,300/mo

Source: ABS Census.

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