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Sold on 12 Aug 2024 for $195,000

121 Vernon Street
Korong Vale VIC 3520

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 1000m2
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Property Details for 121 Vernon St, Korong Vale

Building Type
Rural
Land Size
1000m2
Local Government
Loddon
Lot/Plan
1/TP102684

Last Listing description (August 2024)

* Immaculately renovated 3 bedroom (2 with BIR) home.
* Spacious Kitchen with electric stove, dishwasher and pantry.
* Split system in lounge room, electric instant hot water and town water.

* Tastefully presented in crisp white with easy to clean vinyl plank flooring.
* Clean block with 5m x 5m shed.
* Good size, clean block of approx 1000sq/m with rear lane access.
* Move in immediately or rent out for over $300 per week.
* Plenty of room for some pets, a large shed or vege patch

121 Vernon Street Korong Vale has been exceptionally well renovated and provides a very modern property for a very affordable price. With a new kitchen, bathroom and laundry plus 3 bedrooms (2 with built in robes), this house provides the new owner with a property to move into immediately or an investor to rent out straight away for over $300 per week.
The large, clean yard has a smaller 5 x 5m shed and provides plenty of additional room for animals, vege garden, a bigger shed or storage. With the laneway at the rear of this property, access to the back yard is made very easy.

Korong Vale is a small rural town of 170* residents and was once a thriving rail junction. This small country town now comprises of a recreation ground, playground, golf course, CFA Station and Scully's Korong Vale Hotel.
Just 10 minutes* down the road, in Wedderburn you will find all your local amenities including the trendy 24 Karat Café, Wedderburn Hotel, IGA Supermarket, butcher, police station, medical and ambulance services, hardware store, chemist, Wedderburn College P-12, great sports facilities, and a most impressive Museum.

Property History for 121 Vernon St, Korong Vale, VIC 3520

A timeline of how this property has performed in the market
Last Sold
$195,000
12 Aug 2024
  • 09 Aug 2024
    Sold for $195,000
  • 20 May 2024
    Listed for Sale $195,000 - $210,000
  • 15 Jun 2023
    Sold for $68,000
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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 208 properties. Over the last 5 years, Houses in Korong Vale have seen a 47.27% increase in median value. As at 31 October 2024:

  • The median value for Houses in Korong Vale is $226,510.
There are currently 5 properties listed for sale, and no properties listed for rent in Korong vale on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Korong vale.

Suburb Insights for Korong Vale 3520

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Chris Garlick
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Disclaimer
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.