Lot 18 Rinders Lane, Korong Vale, VIC 3520 | Property Value & History | OnTheHouse
OFF MARKET

Rinders Lane
Korong Vale VIC 3520

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1012m2
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Property Details for Lot 18 Rinders Lane, Korong Vale

Building Type
Land
Land Size
1012m2
Local Government
Loddon
Lot/Plan
18/LP1296

Last Listing description (April 2020)

* 6 lots of vacant land being sold as one 5,276m parcel.
* 3 lots Zoned Township and 3 lots Zoned Farming.
* Water connected to the block and power across the front of the property.

* Build on one half of the land and have sheds and a paddock on the other half of the block (STCA).
* An easy walk to the iconic Skully's Hotel and the bus stop.
* Only 10 minutes to Wedderburn and 50 minutes to Bendigo.

Located just off the main street of Korong Vale, this block of land is ideally situated to provide a quiet place to build your dream home. It has plenty of space for shedding, paddocks and some chooks, a pony and a puppy.

Township zoning provides an opportunity for residential, commercial or industrial construction and farming zone allows sheds to be built.

Therefore the sale of this property, as 1 parcel, presents a very large block that caters for a comfortable rural living.

Strong recent house and land sales in Korong Vale are seeing this small rural town buzz, with new arrivals and this site would make a great place for your new investment.

Korong Vale is located approximately 20 minutes from Boort and Wedderburn Towns. Korong Vale is a quiet town with a hotel and great Thai food. The bus passes through regularly to Bendigo and surrounding towns.

Property History for Lot 18 Rinders Lane, Korong Vale, VIC 3520

A timeline of how this property has performed in the market
Last Sold
$15,000
08 Jan 2021
  • 08 Jan 2021
    Sold for $15,000
  • 22 Jun 2020
    Sold for $17,000
  • 01 Jun 2020
    Sold for $17,000
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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 214 properties. Over the last 5 years, Houses in Korong Vale have seen a 67.44% increase in median value. As at 31 August 2026:

  • The median value for Houses in Korong Vale is $442,391.
There are currently 8 properties listed for sale, and no properties listed for rent in Korong vale on OnTheHouse. According to Cotality's data, 14 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.