100-102 Vernon St, Korong Vale is a 2 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 1778m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in February 1992.
Estate Finalisation
* 2br Red Cedar with 2 huge bedrooms (or potentially 3 Bedrooms)
* Red Cedar house with panel timber ceilings on concrete stumps
This is a great opportunity to purchase an affordable house, with sheds, on a large block in an established residential street. Some hard work is required to bring this property back to life, however the home is very liveable while you tick off the projects. With two massive bedrooms (that could easily be converted into 3bedrooms), this is the type of property someone can call home or alternatively flip and pocket the cash.
Across the road is the beautifully presented Korong Vale playground and Park. After a hard days work, you can take a casual 300m stroll to Sullys Hotel and enjoy an ice cold beer and sensational meal.
Korong Vale is a small Rural Town with around 170 residents. It has a hotel, fire station and is located only 10 minutes from Wedderburn where there is the funky 24 Karat Cafe, Wedderburn Hotel, Supermarket, Police, Doctor and Ambulance Services, Service Station, large Hardware Shop, Butcher, Chemist, Primary to Year 12 College, great sports facilities and a most impressive Museum. Head Additionally, Lake Boort is only 20minutes down the road and Bendigo is a pleasant 1hour drive.
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 212 properties. Over the last 5 years, Houses in Korong Vale have seen a 28.70% increase in median value. As at 31 January 2025:
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