42 Vernon Street
Korong Vale, 3520 VIC
House on a 1,012 m² block with 20m frontage.
Property Snapshot
House2 Bed1 Bath0 Off Street1,012 m² Land20m Frontage
Investment Highlights
What makes 42 Vernon Street compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
1,012 m²
Frontage
20m
Zoning
TZ
Township
Why Buyers Look At This One
Walkable transport position — approx. 575m to bus, 50km to train station and 10km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
2
Bathrooms
1
Parking
0 off-street
Internal Area
—
Ownership & Value
Last Sold$195k
Sold DateMay 2024
Land Value—
RPD1\TP542995
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide Frontage
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
2 Bed Median
$335k
Growth Since 2024
+$17k
Price Estimate
$200kLow
$212k
$225kHigh
Medium Confidence
+$17k (+9.0%)
Since last sold — $195,000 — May 2024
Suburb 2 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
—
2 Bed Yield
—
Vacancy
—
Rentals Last 12M
0
Suburb 2 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: 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 42 Vernon Street.
Train Station
50km
Bus Stop
575m
Schools
10km
Road Type
service
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
575mCentre Zone
10kmRoad Type
service (Low Noise)School Catchment
10kmKorong 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
