18 Gibson StreetKorong Vale VIC 3520
Property Details for 18 Gibson St, Korong Vale
18 Gibson St, Korong Vale is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1910. The property has a land size of 2150m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in June 2016.
Last Listing description (December 2016)
This genteel old lady has seen better times and is in need of some loving care to restore her to her former glory. Once a much loved family home she boasts heritage features such as a front veranda with some iron lace remaining, high ceilings, leadlight front door, timber floors, spacious rooms and fretwork in the hallway.
There are four spacious bedrooms, a separate lounge room and a kitchen with gas LPG stove and meals area. An internal laundry and toilet provides comfortable amenities. A large multi purpose room
connects many of the other rooms.
Located in the once bustling railway township of Korong Vale this home is set on a large double block of approx. 2150 sqm.
It has town water, as well as rain water tanks, phone and electricity. The local hotel is still operating with cold drinks and counter meals are available if desired. The property is approximately 10 minutes from the popular gold seekers playground of Wedderburn, which has all the required services such as P-12 schooling, doctor, supermarkets, pool etc. Bendigo is only a 45 minute drive away.
Whilst there is no doubt work to do on this property it still has the potential to be a comfortable family home or a peaceful holiday destination, at a very affordable price.
If your budget is limited it is well worth a look!
Property History for 18 Gibson St, Korong Vale, VIC 3520
- 10 Jun 2016Sold for $60,000
- 15 Feb 2016Listed for Sale $70,000
- 24 Apr 1981Sold
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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.
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