Korumburra is a small South Gippsland coal-heritage town with a progressive arts community, proximity to the famous Coal Creek Heritage Village, and outstanding regional yields for budget investors. The town's improving main street and growing tourism economy reflect South Gippsland's broader transformation. At the current $360k median house price, an 80% loan at 6.25% over 30 years is about $1,773 per month.
| Median house price | $360,000 |
|---|---|
| Median unit price | $248,000 |
| Estimated monthly repayment | $1,773 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 9% |
| Gross rental yield | 5.9% |
| Typical days on market | 16 |
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