121 Vernon Street, Korong Vale, VIC 3520 | Property Value & History | OnTheHouse
OFF MARKET

121 Vernon Street
Korong Vale VIC 3520

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 1013m2
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Property Details for 121 Vernon St, Korong Vale

Building Type
Commercial
Land Size
1013m2
Local Government
Loddon
Lot/Plan
1/TP102684

Last Listing description (September 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 Caf, 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
09 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. There are 3 parks, covering nearly 3.5% of the total area. The population of Korong Vale in 2016 was 168 people. By 2021 the population was 143 showing a population decline of 14.9% in the area during that time. The predominant age group in Korong Vale is 60-69 years. Households in Korong Vale are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Korong Vale work in a labourer occupation.In 2021, 85.70% of the homes in Korong Vale were owner-occupied compared with 79.80% in 2016.

Korong Vale has 210 properties. Over the last 5 years, Houses in Korong Vale have seen a 82.13% increase in median value. As at 31 May 2026:

  • The median value for Houses in Korong Vale is $385,080.
There are currently 10 properties listed for sale, and 1 property listed for rent in Korong vale on OnTheHouse. According to Cotality's data, 13 properties were sold in the past 12 months in Korong vale.

Suburb Insights for Korong Vale 3520

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.