FOR SALE
$55,000

Butt Street
Korong Vale VIC 3520

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1260m2
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Corner block with so much potential

This newly subdivided corner block offers prime potential with rear lane access and a quiet location in a peaceful part of town. Ideal for building your dream home or as an investment property, it allows for flexible options, including the addition of a granny flat with its own entrance from the side street (STCA). This versatile property is a fantastic opportunity.
Zone- Farming zone
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Property Details for Lot 12 Butt St, Korong Vale

Building Type
Land
Land Size
1260m2

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About Korong Vale 3520

The size of Korong Vale is approximately 27.3 square kilometres. It has 3 parks covering nearly 3.5% of total area. The population of Korong Vale in 2011 was 248 people. By 2016 the population was 154 showing a population decline of 37.9% in the area during that time. The predominant age group in Korong Vale is 50-59 years. Households in Korong Vale are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Korong Vale work in a managers occupation. In 2011, 88.2% of the homes in Korong Vale were owner-occupied compared with 79.8% in 2016.

Korong Vale has 209 properties. Over the last 5 years, Houses in Korong Vale have seen a 47.94% increase in median value. As at 30 November 2024:

  • The median value for Houses in Korong Vale is $229,204.
There are currently 8 properties listed for sale, and no properties listed for rent in Korong vale on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Korong vale.

Suburb Insights for Korong Vale 3520

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Gagan Sidhu
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Horsham Real Estate
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.