Back 15 Lower Gordon Street
Off Market

15 Lower Gordon Street

Korumburra VIC 3950

4100 m²
Land
George AuddinoGeorge Auddino, last sold this property on 04 June 2025 after 551 days on market.

Overview

CALLING INVESTORS! BUY, BUILD, RETURN, NOW

Introducing a fantastic investment opportunity at 15 Lower Gordon Street, Korumburra. This approx 4100 square meter plot of land boasts an exceptional location, nestled in the heart of the picturesque township of Korumburra. Perfect for investors, this general residential zoned property presents the potential for unit development, subject to council approval (STCA). As previously in the past was approved for 12 units. With a generous land size of approximately 4100 square meters, this plot provides ample space for you to build your dream home or execute your next development project. Imagine creating a thriving community of residential units, with the potential to cater to the growing demand for modern and comfortable living in this charming area. Located just a stone's throw away from Korumburra's main street, future residents will enjoy the convenience of being within walking distance to an array of local amenities, including shops, cafes, schools, and public transport links. This is truly an unparalleled opportunity to capitalize on the rising popularity of the region, as more and more people are attracted to the idyllic lifestyle it offers. Don't miss your chance to secure this prime piece of real estate in the sought-after locale of Korumburra. With the perfect blend of potential, location, and land size, 15 Lower Gordon Street is an opportunity not to be missed. Contact us today to find out more and take the first step towards a prosperous investment.

Features

4100 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Korumburra over the last 12 months, the estimated median property value of 15 Lower Gordon Street is $250k.

Median value
$250k
Estimated value range
$190k - $410k
Median days on market
200
Estimated value trend
-6%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Korumburra. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 15 Lower Gordon Street

2025
Sold
Undisclosed
04 Jun 2025 by George Auddino, of First National Real Estate Auddino
2017
Sold
$260,000
24 Oct 2017

Happy sellers in Korumburra

70%
70% of sellers in Korumburra reported that their sale price either exceeded or met their price expectations.

Korumburra stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in Korumburra over the last 12 months.

Local market activity for land plots in Korumburra

In the last 12 months, 9 land plots similar to 15 Lower Gordon Street, have been sold.

This represents a 29% increase in land plots sales when compared to the previous 12 months.

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