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Sold on 06 Feb 2024 for $125,000

50 Vernon Street
Korong Vale VIC 3520

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 1013m2
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Property Details for 50 Vernon St, Korong Vale

Building Type
Rural
Land Size
1013m2
Local Government
Loddon
Lot/Plan
1/TP376705

Last Listing description (February 2024)

* 1,013m² block.
* 2 Bedrooms.
* Gallery kitchen.

* Wood fire.
* Ceiling fans.
* Fully fenced.
* Large carport suitable for caravan.
* 2 Car garage with tilt door.
* Other shedding at rear.
* Town water.

This two-bedroom weatherboard cottage is the perfect reno. A large 1,013m² block with a massive carport and 2 car garage is an added bonus.

Korong Vale is a quaint regional country town with about 170 residents. It has a hotel, fire station and is situated between Wedderburn and Boort.

Property History for 50 Vernon St, Korong Vale, VIC 3520

A timeline of how this property has performed in the market
Last Sold
$125,000
06 Feb 2024
  • 26 Feb 2024
    Sold for $125,000
  • 04 Aug 2023
    Listed for Sale Not Disclosed
  • 02 Aug 2006
    Sold for $59,000

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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 58.76% increase in median value. As at 31 July 2024:

  • The median value for Houses in Korong Vale is $219,308.
There are currently 4 properties listed for sale, and no properties listed for rent in Korong vale on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Korong vale.

Suburb Insights for Korong Vale 3520

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Contact agent
Julie Benaim
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Priority1 Property - Bendigo
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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.