Home/Properties/Korumburra/63 Radovick Street
63 Radovick Street, Korumburra$535,000
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For Salehouse

63 Radovick Street

Korumburra, VIC 3950, Australia
$510,000 – $560,000
3 bed 1 bath 2 car1115 m²

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About this property

Strategically positioned on a high-exposure 1,115m² corner block in sought-after Radovick Street, this property presents an exceptional development and investment opportunity. With dual street frontage and strong future growth potential, this site is perfect for developers, investors, and those looking to capitalize on Korumburra's evolving landscape. Currently, a tenanted three-bedroom home provides immediate rental income while you plan your next move. The generous land size and strategic location make this an ideal prospect for a multi-unit residential project or a future commercial development (STCA). Key Highlights: - Premium location in the heart of Korumburra, just moments from the medical centre, main street, swimming pool, and park - Zoning and size support multi-unit or mixed-use potential (STCA) - Existing rental income with vacant possession available - High-demand area with strong yields and long-term capital growth prospects Don't miss this rare opportunity to secure a prime development site in one of Korumburra's most sought-after locations. Enquire today!

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
1115 m²
Listed
2 weeks ago

Repayment calculator

$2,594/month
$1,297 /fortnight
Loan $428,000 at 6.10% over 30 years

Upfront costs

Deposit$107,000
Stamp duty$27,170
Conveyancing (est.)$2,000
Total upfront$136,170
Verify with VIC revenue office →
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 3-bedroom house in Korumburra, VIC 3950 sits within reach of public transport, local shops and nearby schools. It is listed 22% above the $440,000 median of 79 comparable houseswithin 5 km.

Schools near Korumburra

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

What's nearby

  • Carinya Lodge/Carinya Cres (bus)642 m away
  • Parry's Jewellery and Watches636 m away
  • Coleman Park360 m away
  • Peterson Street Reserve547 m away
  • Unnamed649 m 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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Suburb market

Suburb price trend

Korumburra price trend

Median sold · House 3 bed

Compound growth +0.1% / yr over 4 yrs

$512kcurrent median

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