Affordable country town handy to Bendigo, close to Boort and Wedderburn. Older style, three-bedroom weatherboard home in original condition inside. Vinyl clad externally, updated roof and guttering. Front bull nose verandah and a large fenced block of 1060m2 with rear lane access. Shade and fruit trees, single carport and rear enclosed verandah. Large lounge room with feature stone two-way fireplace. Kitchen with inbuilt cast wood stove plus an electric stove. Three good-sized bedrooms, bathroom with vanity, shower over bath and separate toilet with septic system. Town water, power, sealed road and gutter, newish electric hot water service and 20 solar panels feeding back into the grid. School bus and V/Line services the town. Walk to the hotel. Refurbishment needed inside.
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:
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