Korong Vale Suburb Profile, VIC, 3520 (Pricing & Investment Data)

Korong Vale Suburb Profile
Victoria 3520

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Korong Vale has 213 properties. Over the last 5 years, Houses in Korong Vale have seen a 78.27% increase in median value. As at 30 November 2025:

  • The median value for Houses in Korong Vale is $283,743.
There are currently 10 properties listed for sale, and no properties listed for rent in Korong vale on OnTheHouse. According to Cotality's data, 7 properties were sold in the past 12 months in Korong vale.

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.

Suburb Insights for KORONG VALE 3520

Market Insights
Korong Vale Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Korong Vale Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 143

0-9

 

8%

10-19

 

8%

20-29

 

3%

30-39

 

3%

40-49

 

13%

50-59

 

18%

60-69

 

23%

70-79

 

21%

80-89

 

10%

Household Structure
Occupancy
Cotality Copyright and Legal Disclaimers about Property Data

Last Updated: 14/12/2025

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.