48 Allen Street, Korong Vale, VIC 3520 sold on 02 April 2025 | OnTheHouse
SOLD
Sold on 02 Apr 2025 for $70,000

48 Allen Street
Korong Vale VIC 3520

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1012m2
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Property Details for 48 Allen St, Korong Vale

Building Type
Land
Land Size
1012m2

Last Listing description (April 2025)

Situated in the very heart of Korong Vale is a most unique opportunity to purchase an allotment on which you could build your dream home. The 1012 square metre allotment is the site of the former residence and shop for the century old bakehouse for Korong Vale. The shop and residence have perished, they were destroyed in a fire approximately five years ago, but the historic redbrick bakery with the original scotch ovens is, to all appearances, still intact and housed within the substantial redbrick building. An amazing and very quirky feature of the property.

There's also further considerable infrastructure already in place on the property such as the 6m x 6m double galvanised lock up garage with concrete floor. There's also a fernery area, a chook pen, raised garden beds and loads of established and prolific fruit trees including apple, apricot, peach, nectarine, fig and so much more. There are two rainwater tanks in situ while town water is connected to the property and mains power is available. There would need to be a new septic system installed if/when a dwelling is reinstated on the property (STCA).

The property also has dual street frontages with the main address being 48 Allen Street, Korong Vale and the current main access from Davies Lane at the rear of the property.

You are presented with an amazing opportunity here to add to the already substantial infrastructure that remains on the property. With a bit of imagination, you could create a unique residence to fit in with the history and ambience that's quietly tucked away here on this fabulous block.

All of this is within the town of Korong Vale which is only a short ten-minute drive from Wedderburn where you find all services and good schooling available. For more information or to arrange an inspection, contact agent Lois De Jong on 0413 175 087.

Property History for 48 Allen St, Korong Vale, VIC 3520

A timeline of how this property has performed in the market
Last Sold
$70,000
02 Apr 2025
  • 20 Mar 2025
    Sold for $70,000
  • 07 Feb 2025
    Listed for Sale Not Disclosed
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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 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 214 properties. Over the last 5 years, Houses in Korong Vale have seen a 57.14% increase in median value. As at 31 October 2025:

  • The median value for Houses in Korong Vale is $253,345.
There are currently 12 properties listed for sale, and no properties listed for rent in Korong vale on OnTheHouse. According to Cotality's data, 6 properties were sold in the past 12 months in Korong vale.

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Contact agent
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Lois De Jong
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Nathan Diss
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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.