OFF MARKET

17 Gibson Street
Korong Vale VIC 3520

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1120m2
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Property Details for 17 Gibson St, Korong Vale

Building Type
Land
Land Size
1120m2
Local Government
Loddon
Lot/Plan
1/TP595221

Last Listing description (March 2023)

* Approx. 1,069sqm.
* Zoned Township however currently too small to build (sewerage not yet available)
* Level site with bitumen road access.

* Power runs along the street.
* Ideal weekend escape block to pop the caravan on and enjoy the countryside.
* Approx.10mins from Wedderburn and all the amenities you require.

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 24 Karat Caf, 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. Korong Vale is a quiet affordable town that enjoys being in close proximity to the entire amenities that one requires.

Property History for 17 Gibson St, Korong Vale, VIC 3520

A timeline of how this property has performed in the market
Last Sold
$18,000
23 Nov 2022
  • 23 Nov 2022
    Sold for $18,000
  • 27 Oct 2022
    Listed for Sale $21,000

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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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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.