Average rent in Korumburra, VIC — 2026

Korumburra comes in cheaper than most of Victoria — the typical renter pays $280/week, around 23% below the state median of $363/week (ABS Census 2021). Most households here own (around 82% are owners or paying down a mortgage), and only 14% rent. The suburb is overwhelmingly separate houses (95%), with very little high-density stock. Population is around 9,842, median age 46, and the most common occupation category is Managers. 11% of residents were born overseas. At 98km from Melbourne, Korumburra typically sits outside the inner-ring rent pressure zone — but state rent indices since 2021 have moved a lot, so the live figure above is a better current guide than the Census baseline.