Korong Vale is in Loddon LGA, VIC, postcode 3520, with population 143.
The page is still useful for local context, but the evidence stack is too thin for a clean one-page call. Use nearby stronger suburbs or compare mode before treating it as a serious shortlist decision.
The page is thin enough that nearby alternatives should be checked before shortlisting. Small local population makes the signal set more fragile.
Price series isn't recorded for this suburb. Census housing data is shown instead.
Owners with a mortgage repay a median of $433/mo, while renters pay about $1,647/mo — renting runs $1,214/mo higher on these medians.
LGA-level official projection (Victoria in Future 2023, DTP). Indicative of the wider council area, not a suburb-level forecast.
Korong Vale (postcode 3520) is a quiet locality in Victoria within the Loddon local government area. It is home to about 143 residents, with an older demographic and a median age of 57. Households earn a median income of $30K per year, with an average household size of 1.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, managers, technicians & trades. Employment in the area leans toward retail trade and agriculture. The top ancestries reported are English, Australian, Scottish.
The current median weekly rent is $380. The median monthly mortgage repayment is $433.
Public transport access includes 4 bus stops. The crime rate in the Loddon LGA is moderate at 6,652 incidents per 100,000 population.
From an investment perspective, Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
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Korong Vale carries enough direct local evidence for a first-pass decision.
QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
DataVic-discovered annual suburb price workbooks parsed into suburb prices. Quarterly VIC resources are discovered and cached, but not yet used as current-price anchors.
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
This page stays indexable because Korong Vale is a real locality with enough context to be directionally useful. The tradeoff is that coverage is lighter than a stronger suburb profile, so the read should stay cautious.
Small-population localities can still be worth checking, but rankings, comparisons, and broad suburb assumptions become noisier faster.
Coverage is thinner on school matches and hospital coverage; lean less on this one page and confirm those gaps elsewhere.
Start here for context, then open compare, the state hub, or larger nearby suburbs before treating this as a complete market decision.
This page remains visible, but it should be read as a locality brief rather than a full-confidence suburb profile.
This page is useful for direction-setting, not closure. Use it to frame the locality, then confirm the story with compare, stronger nearby suburbs, and the state hub.
If Korong Vale feels too thin on its own, use these nearby suburbs as stronger local reads before making a shortlist decision.
pop same · rent -$265/wk
Similar local read: useful for context, but still compare the actual market signals.
pop same · rent -$225/wk
Similar local read: useful for context, but still compare the actual market signals.
Korong Vale is in the Loddon Local Government Area, VIC, postcode 3520. Council-level context for Loddon LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
The median weekly rent in Korong Vale is $380/wk, based on the current market rent dataset. The current rent signal is rent context available.
Rent context available: Korong Vale has usable rent context. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
QuickProperty's investment signals for Korong Vale show: Stable, Steady. These are computed from price, rent, income, and population data — not an opaque score.
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.