20 Macqueen Avenue, Korumburra, Vic 3950

$355,000

House
Type
3
Bedrooms
1
Bathrooms
734 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 20 Macqueen Avenue, Korumburra, Vic 3950)

$355,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A solid, centrally located weatherboard home on a large block offering exciting renovation and development potential in Korumburra.

🏡 Property Highlights

  • Prime central location within walking distance to shops, schools, and amenities
  • Generous 734m² block with potential for redevelopment or subdivision (STCA)
  • Rear lane access and wide side access for future improvements or development
  • Solid bones with a reasonable roof, aluminium windows, and firm floors
  • Opportunity for renovation with original features like timber floorboards and brick fireplace
  • Affordable entry into the property market with potential for value-adding renovation

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Shed
  • Built-in Robes
  • Ceiling Fans
  • Waterfront / Views
  • Open-Plan Living
  • External Laundry
  • Security Screens / Gates
  • Pet-Friendly

Korumburra is a vibrant South Gippsland town renowned for its rich history and community spirit. It offers excellent amenities, including shops, schools, and parks, all within easy reach. The area boasts a mix of heritage homes and new developments, making it ideal for families and investors alike. With its central location, Korumburra provides a relaxed lifestyle with convenient access to regional attractions and outdoor activities. The town’s ongoing growth and development opportunities make it a highly desirable place to live and invest.

What is the condition of the property and what renovations are needed?
The property requires significant renovation, including addressing mould and updating the interior, but the bones are solid with a reasonable roof, aluminium windows, and firm floors, offering a good foundation for refurbishment.
Is there potential for subdivision or redevelopment on this block?
Yes, the 734m² block offers excellent potential for redevelopment or subdivision (STCA), with rear lane access and wide side access providing flexibility for future development.
Are there any restrictions or approvals needed for future development?
Development would be subject to council approval and STCA (Subject To Council Approval). It is recommended to conduct due diligence with local planning authorities.
What are the key features of the home’s layout?
The home features three bedrooms, a large front lounge with a brick fireplace, a combined kitchen and meals area, and a bathroom with disability access, along with a separate toilet.
What is the expected timeframe for settlement and offer submission?
Offers must be submitted in writing by 5:00pm on Monday 13th April 2026, with settlement within 60 days following a 10% deposit.
Are there any hidden costs associated with the renovation or subdivision process? Has the property been inspected for structural issues or mould, and are there any ongoing maintenance concerns? Are there any zoning restrictions or easements that could impact future development plans? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any existing planning or building permits, or are approvals required for renovation or subdivision? What are the council rates and any additional levies or fees applicable to this property? Are there any nearby construction or development projects that could affect the property’s value or living environment? Is the property part of a strata or community title, and what are the associated costs or restrictions? Are there any known issues with the roof, windows, or foundations that could incur significant repair costs? What are the noise levels and general neighbourhood conditions that could impact living or investment prospects?

20 Macqueen Avenue, Korumburra, Vic 3950 - More Details

$355,000

Positioned in a convenient central location within easy reach of Korumburra’s shops, schools and everyday amenities, this original three-bedroom weatherboard home presents a rare opportunity for those not afraid of a serious renovation project.

Set on a generous 734m² block, the property offers excellent potential for redevelopment or possible subdivision (STCA), with the added benefit of rear lane access and wide side access providing flexibility for future improvements, vehicle access or potential development.

The home itself is very much a project - and we mean a real one. It will require significant work and is certainly not for the faint-hearted, but for the right buyer the upside could be well worth the effort.

Inside, the layout comprises three decent-sized bedrooms, two of which include wardrobes, along with a large front lounge featuring the original brick open fireplace. A combined kitchen and meals area sits toward the rear of the home with a functional electric upright stove, while the bathroom was updated within the last decade and includes disability access. A separate toilet is located at the rear of the home.

While the property clearly needs considerable attention, the bones appear surprisingly solid. The roof looks to be in reasonable order, aluminium windows are installed throughout, and the floors feel firm underfoot. With a bit of luck and a lot of elbow grease, you may even uncover beautiful timber floorboards hiding beneath the carpet.

Let’s just say the home has developed a little… “character” over time, and those with a keen eye may notice a touch of mould here and there, but think of it as the house politely encouraging you to get started on the renovation sooner rather than later.

Outside, the property includes sundry shedding in the backyard, plenty of open space for improvement, and a front ramp providing easy access to the home.

Whether you’re chasing your next renovation project, looking for a potential flip, or simply wanting to secure an affordable entry into the property market, opportunities like this in such a central Korumburra location are becoming increasingly hard to find.

This property must be sold via an Expressions of Interest campaign, with all offers to be submitted in writing by 5:00pm on Monday 13th April 2026. Please note the property cannot be sold prior. The property is being sold as inspected and the purchaser must conduct their own due diligence prior to submitting an offer.

Terms: 10% deposit, settlement within 60 days.

Roll up your sleeves because this one is going to take some work, but for buyers with vision and determination, the rewards could be substantial.

Looking to buy, sell or rent in South Gippsland? Get in touch with your expert team today and call Jack Gilchrist on 0411 181 577 or Jassy Batrouney on 0428 294 388 or pop into our office at 8/43-49 Little Commercial Street, Korumburra.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.
Type
House
Bedrooms
3
Bathrooms
1
Area
734 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Map & nearby places — 20 Macqueen Avenue, Korumburra, Vic 3950

Login to experience 20 Macqueen Avenue, Korumburra, Vic 3950 in 3D

Sign in to unlock the photorealistic 3D Immersive View of this property — fly over the home and its street, and see exactly what's around it before you book an inspection.

  • Photorealistic 3D aerial & street-level flyover
  • Nearby schools, parks, shopping, transport, health & dining
  • Walking & driving routes with live travel time from the front door
  • Orbit-home, street & suburb camera presets
  • Satellite & hybrid map views, full-screen mode
  • Free for every Real Search member — no cost to explore
Login to view 3D Immersive View New to Real Search? Create a free account

Email Enquiry To Area Specialist Solutions

  • Personal Information Collection Statement
    This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Explore More About Korumburra

Real Search makes searching for your new home easy with properties for sale in Korumburra and properties for rent in Korumburra. Are you looking for specific type of property? Real Search has units for sale in Korumburra and houses for sale in Korumburra. Real Search also provides 1 bedroom house for sale in Korumburra, 2 bedroom house for sale in Korumburra & 3 bedroom house for sale in Korumburra. Find best real estate agents in Korumburra. You can also check real estate agencies in Korumburra. Research the property market of Korumburra with a property report and suburb profile report on Real Search.

  • Disclaimer
    Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.