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Real Estate Market: Is Korong Vale VIC 3520 a Good Suburb to Buy Into?
Housing Market in Korong Vale
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Bendigo | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
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| Premium | Premium | Premium |
Housing Supply in Korong Vale
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
| Field | Value | VS Bendigo | Trend | |
|---|---|---|---|---|
| 0 | Bottom 38% | Data for Jun 2025 | ||
| 0.0 | Bottom 10% | Data for Jul 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
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| 2 | Top 28% |
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Housing Stock Quality in Korong Vale
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Bendigo | Trend | |
|---|---|---|---|---|
| 100.0% | Top 31% | Data for Jan 2021 | ||
| 1.8 | Bottom 9% |
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Korong Vale
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
| Field | Value | VS Bendigo | Trend | |
|---|---|---|---|---|
| 10.0 sq km | Top 45% | Data for Jan 2021 | ||
| 0.2 sq km | Top 29% | Data for Jun 2023 | ||
| 5220 sqm per resident | Top 25% | Data for Jan 2021 |
Risk in Korong Vale
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
| Field | Value | VS Bendigo | Trend | |
|---|---|---|---|---|
| 97.7% | Top 26% |
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| 2.3% | Bottom 26% |
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| 43 | Top 22% | Data for Jun 2023 | ||
| $855 | Bottom 7% |
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| 70 | Bottom 12% | Data for Jun 2023 | ||
| 65 | Bottom 10% | Data for Jun 2023 | ||
| 17.3% | Bottom 27% |
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| 29.8% | Bottom 25% |
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Housing Demand in Korong Vale
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
| Field | Value | VS Bendigo | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| 7360 | Bottom 27% |
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| 12400 | Bottom 3% |
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| Premium | Premium | Premium | ||
| 7280 | Bottom 38% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Korong Vale
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Bendigo | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| 96.1% | Top 38% | Data for Jun 2003 |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Loddon |
Median Unit Sale Prices by Street (3)
| Date | Median sale value | Street |
|---|---|---|
| 06 Dec 2025 | $101,100 | Allen St |
| 06 Dec 2025 | $117,600 | Gibson St |
| 06 Dec 2025 | $329,300 | Vernon St |
Median House Sale Prices by Street (1)
| Street | Date | Median sale value |
|---|---|---|
| Vernon St | 06 Dec 2025 | $95,400 |
Percent of Renters by Street (8)
| Percent of Renters | Street |
|---|---|
| 6.0% | Allen St |
| 0.0% | Boort-Wedderburn Rd |
| 0.0% | Inglewood-Korong Vale Rd |
| 0.0% | Gibson St |
| 0.0% | Greig St |
Turnover Rate by Street (8)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 100.0% | Inglewood-Korong Vale Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 79.2% | Vernon St | average turnover | Every 12.6 years (average turnover) | 2025 |
| 71.4% | Allen St | average turnover | Every 14.0 years (average turnover) | 2025 |
| 63.6% | Greig St | quite tightly held | Every 15.7 years (quite tightly held) | 2025 |
| 166.7% | Rinders Ln | very high turnover | Every 6.0 years (very high turnover) | 2025 |
Planning Applications: Other (1)
| Headline | Place | Date |
|---|---|---|
| Transfer of Licence - Victorian Commission for Gambling and Liquor Regulation 13871A23 | 22 Allen Street, Korong Vale 3520, VIC | 05 Nov 2020 |
Recently Sold Houses (32)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 4 Eucy Rd | $335,000 | 2.0 | 1.0 | 13 Oct 2025 | 0 | On Market | |
| 4 Eucy Rd | Price Withheld | 2.0 | 1.0 | 13 Oct 2025 | 0 | On Market | |
| 55 Vernon St | Price Withheld | 3.0 | 1.0 | 09 Apr 2025 | 0 | On Market | |
| 55 Vernon St | $210,000 | 3.0 | 1.0 | 09 Apr 2025 | 0 | On Market | |
| 48 Allen St | $70,000 | 0.0 | 0.0 | 0.0 | 02 Apr 2025 | 0 | On Market |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 55 Vernon St | $210,000 | 3.0 | 1.0 | 09 Apr 2025 | On Market | |
| 55 Vernon St | $210,000 | 3.0 | 1.0 | 09 Apr 2025 | On Market | |
| 55 Vernon St | $210,000 | 3.0 | 1.0 | 09 Apr 2025 | On Market | |
| 55 Vernon St | $210,000 | 3.0 | 1.0 | 09 Apr 2025 | On Market | |
| 55 Vernon St | $210,000 | 3.0 | 1.0 | 09 Apr 2025 | On Market |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 112 Vernon St | $240 | 3 | 1 | 0 | 08 Feb 2024 | 0 |
| 112 Vernon St | $240 | 3 | 1 | 0 | 08 Feb 2024 | 0 |
| 112 Vernon St | $240 | 3 | 1 | 0 | 08 Feb 2024 | 0 |
| 112 Vernon St | $240 | 3 | 1 | 0 | 08 Feb 2024 | 0 |
| 112 Vernon St | $240 | 3 | 1 | 0 | 08 Feb 2024 | 0 |
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Nearby Suburbs