The town was an important black coal mining centre in the late 1800s, but as that industry declined, Korumburra turned to dairying due to its fertile soils and reliable rainfall, allowing cattle to graze on rich, green pastures all year round. 

Korumburra's shopping precinct primarily stretches along the wide boulevard of Commercial Street which offers an attractive backdrop of green hills. More shops extend along adjoining Bridge Street and Mine Road, while the local supermarket is accessed via South Railway Crescent.

There are several parks and reserves located within the town. Off Bridge Street is Korumburra Botanic Park where visitors can enjoy pleasant areas of lawn in a semi-bush environment with a large variety of trees. Olsen's Walk follows the banks of Coalition Creek through the park and across several footbridges. Coleman Park, in Queen Street, has a playground, outdoor pool and shady picnic areas.

One of Korumburra's main attractions is Coal Creek where you can step back in time at this historic village and park which re-creates life in South Gippsland during the pioneering days of the late 1800s and early 1900s.

Walk, cycle or ride 108 kilometres on The Great Southern Rail Trail. It is suitable for both the energetic and not so energetic outdoor enthusiast. From Nyora the trail goes through Loch, Korumburra, Leongatha Koonwarra, Meeniyan, Stony Creek, Buffalo, Fish Creek, Foster, Toora, Welshpool and Port Welshpool, offering rural and bush views along the way.

As you ride the trail, make sure to stop and explore the towns that are linked along it. You will be amazed at the unique stories and experiences they offer… as well as the terrific coffee, shopping and dining opportunities.