VIC · 3950

Korumburra

Suburb profile, market snapshot and recent listings for Korumburra, VIC 3950.

Korumburra, VIC 3950

About Korumburra

Welcome to Korumburra

Korumburra sits in the rolling green hills of South Gippsland, around 110 kilometres south-east of Melbourne's CBD. It's the commercial heart of the district, a former coal-mining town turned dairy and farming service centre, with a wide main street, a working railway line and a landscape that rolls away into paddocks and forest almost as soon as the shops end.

With a population of just 4,749 and a median age of 47, it's a town that suits people looking for a slower pace, more space and a genuine rural community, rather than a satellite commuter suburb. Families, retirees and those wanting a foothold in South Gippsland's farming and tourism country are drawn to Korumburra's mix of heritage streetscape, practical services and easy access to the coast.

Lifestyle & dining

Korumburra's main street has the feel of a classic country town, with cafes, bakeries and pubs serving locals and the steady stream of visitors heading further into South Gippsland's dairy and tourism areas. The town is best known regionally for the Coal Creek Community Park & Museum, a recreated historic mining and township precinct that draws day-trippers and school groups, and for its role as a gateway to the Strzelecki Ranges and the drive down towards Wilsons Promontory and the coast.

It's a practical, unpretentious lifestyle here rather than a dining-out destination, with residents typically driving to nearby Leongatha or further afield to Wonthaggi and the coast for a wider range of restaurants and bigger retail options.

Shopping

The Korumburra shopping strip covers day-to-day needs well, with a supermarket, bakeries, hardware and homewares stores, banks and a range of small independent retailers along the main road. For bigger shopping trips, Leongatha is a short drive away and offers a larger retail base, while Melbourne remains an option for occasional trips for more specialised shopping.

Getting around

Korumburra is on the Gippsland rail corridor, with a station providing train services back towards Melbourne, making it usable for those willing to commute or travel occasionally to the city, even though most residents work locally or within South Gippsland. The town is also a road hub, with the South Gippsland Highway running through it, connecting to Leongatha in one direction and Wonthaggi and the coast in the other, plus quick links out to the smaller surrounding communities of Kardella and Arawata.

A car is essential for most households, both for the commute and for reaching the larger centres, but the town itself is compact and easy to get around on foot, with the shops, station and schools all within a short walk of most residential streets.

Schools & families

Local families are served by Korumburra Primary School and Korumburra Secondary College, both based in the town, giving families access to a full run of schooling without needing to travel elsewhere. This, combined with the town's community facilities, sporting clubs and open space, makes Korumburra a popular choice for families wanting an affordable, close-knit setting with the essentials close at hand.

The property market

Korumburra's median house price sits at $512,000, with median rent of $470 a week, figures that reflect its position as an accessible, rural alternative to the Melbourne market. Recent house price growth has been slightly negative, down 1.0%, suggesting a market that has plateaued after a period of stronger regional demand, rather than one in rapid decline.

Current listings show houses make up the bulk of stock at 64%, with land making up a notable 29% of what's on offer, an indication of ongoing subdivision and new-home building around the town's fringes. Apartments and units account for 6% of listings and townhouses just 2%, reinforcing that Korumburra remains, at its core, a town of standalone houses and house-and-land opportunities rather than higher-density living. Neighbouring pockets such as Kardella and Arawata offer further options for buyers wanting larger rural-residential blocks just outside the town centre.

Market snapshot

Korumburra property market

Median price ranks #3,380 of 3,797 suburbs · pricier than 11%
Bedrooms

Median sale price

$512k

House · 3 bed

Median rent

$470

per week

Gross rental yield

4.8%

annual rent ÷ sale price

Typical price range

Entry

$355k

Median

$512k

Premium

$693k

Days on market

53

Auction clearance

0%

Sold this year

58

Median sold price trend · House 3 bed

Compound growth +0.1% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Korumburra by dwelling type.

House64%
Land29%
Apartment / Unit6%
Townhouse2%

Who lives here

Demographics

ABS Census 2021 figures for Korumburra, VIC 3950.

Population

4,749

residents (2021)

Median age

47

years

Household income

$1,175

median, per week

Median rent

$270

per week

Median mortgage

$1,300

per month

Mortgage / income

26%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Korumburra

Government school catchment

Korumburra Primary School

Prep-6CoEdGovernment
Visit school website →

Korumburra Secondary College

7-12CoEdGovernment
Visit school website →

Recent results

Recently sold in Korumburra

$850k

62-64 Bena Road

house4 bd · 2 ba · 3 car

Sold ~July 2026

$460k

64 Mine Road

house2 bd · 1 ba · 2 car

Sold ~July 2026

$1.32m

9 Jersey Court

house4 bd · 2 ba · 8 car

Sold ~July 2026

$585k

10 Abby Road

house3 bd · 2 ba · 2 car

Sold ~July 2026

$520k

5 Petersen Street

house3 bd · 2 ba · 2 car

Sold ~July 2026

$495k

1A Richard Street

house4 bd · 2 ba · 2 car

Sold ~July 2026

$750k

21 Catherston Close

house4 bd · 2 ba · 2 car

Sold ~July 2026

$355k

20 Macqueen Avenue

house3 bd · 1 ba

Sold ~July 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Korumburra

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Price map around Korumburra

Every listing for sale near Korumburra, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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Common questions

Korumburra suburb FAQ

What is the median property price in Korumburra?

The median house price in Korumburra, VIC is $512k for a 3-bedroom home. Over the past year, median sold prices have fallen about 1.0%.

How much is rent in Korumburra?

The median weekly rent in Korumburra is around $470 per week.

Is Korumburra a good place to live?

Korumburra is a town in the Australian state of Victoria. Korumburra is an established residential suburb in VIC, with a population of around 4,749 and 2 schools in the area.

What is the population of Korumburra?

Korumburra has a population of 4,749 (ABS 2021 Census), with a median age of 47.

What schools are in Korumburra?

There are 2 schools in or near Korumburra, including Korumburra Primary School and Korumburra Secondary College.

How long do homes take to sell in Korumburra?

Properties in Korumburra take around 53 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Korumburra?

Entry-level properties in Korumburra start around $355k, while premium homes reach $693k.

What suburbs are near Korumburra?

Suburbs near Korumburra include Kardella and Arawata.

Available now

Properties in Korumburra

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For Sale
$895,000
house

Lifestyle Living Starts Here

302 Whitelaw Road, Korumburra VIC 3950
3125989 m²
Auddino First National2 months ago
Ask AI about this property
Image 1
NewFor Sale
$950,000
house

Lifestyle Living on 12 Picturesque Acres

15 Stedmans Road, Korumburra VIC 3950
4284.88 ha
Ray White Leongatha6 days ago
Ask AI about this property
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For Sale
$1.2m–$1.31m
house

Lifestyle, Land & Luxury Living in the Heart of South Gippsland with Productive Farmlet & Orchard

175 Sullivans Road, Korumburra VIC 3950
6249.51 ha
Barry Plant (Korumburra)2 months ago
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For Sale
$195,000
land

The Brief: Best Views in Town!

7 Abby Road, Korumburra VIC 3950
702 m²
Area Specialist Solutions1 month ago
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Image 1
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For Sale
$495k–$540k
house

The Brief: Cottage Charm, Walk to Town Convenience

4 Jumbunna Road, Korumburra VIC 3950
321698 m²
Area Specialist Solutions4 weeks ago
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For Sale
$800,000
land

38.61 Acres Across 9 Titles A Rare Rural Opportunity

10 Patrick Street, Korumburra VIC 3950
15.62 ha
Elders Real Estate Korumburra/Leongatha3 weeks ago
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For Sale
$639,000
house

Family home in Korumburra - Modern Living Awaits

2 Massimo Way, Korumburra VIC 3950
422761 m²
Alex Scott & Staff Korumburra3 months ago
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For Sale
$275k–$300k
land

Prime 1,215m² Block in the Heart of Town

1 Cormack Lane, Korumburra VIC 3950
1215 m²
Barry Plant Pakenham - Officer3 months ago
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For Sale
$320k–$340k
land

Country Space, Town Convenience

8B Bena Road, Korumburra VIC 3950
3035 m²
Auddino First National1 month ago
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For Sale
$650k–$715k
house

The Brief: Majestic Views, Grand Proportions & Family Living at Its Finest

40 Macqueen Avenue, Korumburra VIC 3950
422841 m²
Area Specialist Keysborough3 weeks ago
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For Sale
$680,000
house

FAMILY FRIENDLY HOME

23 King Street, Korumburra VIC 3950
3241207 m²
Alex Scott & Staff Korumburra1 month ago
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For Sale
$445,000
apartment

Well-Maintained Unit in Prime Location

2/15 Station Street, Korumburra VIC 3950
211144 m²
Elders Real Estate Korumburra/Leongatha1 month ago
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