120 Vernon Street
Korong Vale, 3520 VIC
House on a 2.12 ha block.
Property Snapshot
House3 Bed1 Bath6 Off Street2.12 ha Land
Investment Highlights
What makes 120 Vernon Street compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
2.12 ha
Frontage
—
Zoning
FZ
Farming/Forestry/Mining
Why Buyers Look At This One
Walkable transport position — approx. 224m to bus, 50km to train station and 11km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
1
Parking
6 off-street
Internal Area
—
Ownership & Value
Last Sold$373k
Sold DateMar 2026
Land Value—
RPD1\TP124983
Planning & Site
Property TypeUnknown
AccessSingle Access
Height Limit—
Max Storeys—
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
3 Bed Median
—
Growth Since 2026
—
Price Estimate
—Low
$373k
—High
VeryHigh Confidence
—
Since last sold — $372,500 — March 2026
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
—
3 Bed Yield
—
Vacancy
—
Rentals Last 12M
0
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: BPA - Bushfire Prone Area. Heritage: Aboriginal Cultural Heritage Sensitivity; Recognition and Settlement Agreement - Dja Dja Wurrung RSA - Traditional Owner Settlement Act. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 120 Vernon Street.
Train Station
50km
Bus Stop
224m
Schools
11km
Road Type
secondary
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
0.0%Train Station
50kmBus Stop
224mCentre Zone
11kmRoad Type
secondary (Medium Noise)School Catchment
11kmKorong Vale Snapshot
Broader suburb metrics that support the local story.
Population
143
Owner Occupiers
86%
Social Housing
0%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on Market
Explore Korong Vale in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
