Korong Vale

Korong Vale, VIC 3520 is a small suburb with a population of 143. The majority of residents fall within the age group of 45 to 64 years. The suburb has a balanced mix of different age groups and occupations, with a notable percentage of residents working as Labourers. The median household income is $575 weekly, and residents have a preference for commuting by motor vehicle. With a low stock on market rate and high online search interest, Korong Vale presents itself as a suburb with potential for growth. The median growth rate has been significant over the past year, indicating a thriving market. The affordability index is low, which might attract first-time homebuyers. Homeowners looking for long-term investments may find the suburb appealing. Korong Vale, VIC 3520 offers a quiet lifestyle in a small community setting, with opportunities for property investment. The suburb's growing market and affordability make it an attractive option for both homeowners and investors looking for potential growth. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022