56 Bena Road, Korumburra VIC 3950

56 Bena Road, Korumburra VIC 3950
2 bed cottage on 1104m² lot| 1930s build with modern updates| Bushfire prone zoning| Low density street appeal|Generous land supports lifestyle buyers. This two-bedroom house on a 1104sqm block suits downsizers or couples drawn to spacious rural town living with school proximity. The generous land size stands out in a street characterised by low density lots, offering scope for gardens, extensions or simply outdoor space rare in tighter urban settings. Built in 1930 with a compact 62sqm footprint, it delivers efficient living suited to low-maintenance needs while the large lot buffers it from neighbours. Sitting at 183m elevation with NBN fibre connectivity, it provides reliable modern utility in a bushfire prone area that demands preparedness from owners. Properties like this typically draw retirees or first-home buyers in Korumburra who prioritise land over size, trading up for holding potential amid steady regional demand. Similar older homes on bigger blocks here hold value through subdivision flexibility under general residential zoning, though bushfire overlay tempers development pace. Its position near primary and secondary schools enhances appeal for empty-nesters staying connected to community hubs. Long-term, the oversized lot in this stable street underpins resilience against market dips, positioning it as a prudent lifestyle hold.

Market Insight:

Korumburra is a regional township in South Gippsland known for its agricultural heritage and strong community character. Housing demand is driven by affordability and lifestyle buyers relocating from metropolitan areas. Property prices remain accessible compared with Melbourne markets, though growth has been steady as regional migration increased. The town offers local schools, retail amenities, and access to surrounding farming regions.

PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

2

Land

1,104m²

Built

Recent Assessments