Gibson StreetKorong Vale VIC 3520
Property Details for Lot 57 Gibson St, Korong Vale
Last Listing description (August 2017)
Fall in love with the charm of this triple red brick solid unconverted Catholic Church on bluestone foundation, hardwood floor boards (carpeted and protected), galvinished roof, featuring exposed solid timber beams, cedar lined ceiling with leadlight windows throughout will be hard to resist.
Church situated on 3 x 1/4 acre block (one title - 3033 m2 - 3/4 acre) with front and rear access.
Endless opportunities exists for an astute purchaser, convert the church to a magnificent home with plan provided (3-4 bedrooms and mezzanine floor) or submit your own plans to your liking.
Great opportunity to offer Bed & Breakfast (B&B) or as a weekend holiday rental property. Extend the building and increase your ongoing income/revenue stream if you so desire. Do the maths and could prove to be a financially viable option for additional $$$ ...
Town water and electricity connected ... Internet NBN Wireless high speed is available in the area. It's currently furnished to make your stay comfortable as you progress with the conversion with queen bed, lounge, dinning table, TV, sound system, kitchen appliance and fridge (included in the price)
To further inspire you with ideas and it's potential of the WOW factor, can provide many examples of other converted churches both open plan and mazzanine floor configuration. The potential profit it can yield - in particular as an owner builder if your keen to take up the challenge of this project
Small quiet country town, 7 minutes to Wedderburn and 15 mins to Boort. Only 75km to Bendigo. Facilities include local hotel, community hall, school bus, regular V/Line bus to Bendigo connecting to Melbourne by rail. Golf Club, Bowls Club, good shopping, doctors and hospital in Wedderburn and Boort.
This property is sure to attract the curious and investment buyer. Inspection highly recommended and by appointment only.
Phone enquiries - please quote property ID 17109
Property History for Lot 57 Gibson St, Korong Vale, VIC 3520
- 17 Dec 2021Sold for $105,000
- 16 Oct 2017Sold for $165,000
- 28 Aug 2015Listed for Sale Not Disclosed
Recent sales nearby
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0About 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.
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