42 Victoria Street, Korumburra VIC 3950

Vacant residential block | fully serviced | no overlays | central walkable location | prior house footprint This property presents a competitively priced, shovel-ready opportunity in the heart of Korumburra. Its central positioning within walking distance to all town amenities is a rare and durable advantage for a vacant lot, eliminating typical development hurdles with services connected and no restrictive overlays. The block suits a buyer seeking to build a primary residence in a established community, offering a cost-effective entry point below the median house price for a larger-than-average parcel. The primary risk is the conflicting land size reporting, which creates valuation ambiguity and must be resolved through a survey prior to purchase. The 2022 sale price is not a reliable comparable, as it involved a different property configuration. Proceed only with a confirmed survey, using the price discrepancy between the listed ask and estimated land value as negotiation leverage to secure a build-ready foundation in a high-convenience location.