Korumburra
Suburb profile, market snapshot and recent listings for 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 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.
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
Recent results
Recently sold in Korumburra
$850k
62-64 Bena Road
Sold ~July 2026
$460k
64 Mine Road
Sold ~July 2026
$1.32m
9 Jersey Court
Sold ~July 2026
$585k
10 Abby Road
Sold ~July 2026
$520k
5 Petersen Street
Sold ~July 2026
$495k
1A Richard Street
Sold ~July 2026
$750k
21 Catherston Close
Sold ~July 2026
$355k
20 Macqueen Avenue
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
Compare the area
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.
Fresh to market
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