FOR SALE
$400,000 - $440,000

156 Sparks Road
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 689m2
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Weatherboard Gem with Options

Embrace the perfect blend of convenience and potential with this property located in the heart of Norlane. This distinctive three-bedroom weatherboard property oozes loads of potential, offering a perfect start for the keen investor or an ideal spot for a family looking to put down roots. Set on a large 689m2 block with potential for subdivision (STCA), this property offers a rare opportunity to make the most of its expansive space. The generous backyard is a standout feature, perfect for outdoor activities or future possibilities. Step inside to find a spacious living area that welcomes generous natural lighting, boasting carpeted floors, a ceiling fan for those warmer days and a split system to ensure year-round comfort. The large kitchen area stands out with its functionality with plenty of room to move around. Comprising three bedrooms, the accommodation options cater to growing families or astute investors willing to give it a cottage touch. The bathroom boasts shower and vanity, while the toilet conveniently located in a separate laundry area adds to the home's functionality. Situated in close proximity to Windsor Park, Princess Highway and the North Shore train station, the location offers accessibility and convenience. The expansive block holds potential for future redevelopments and additions (STCA) ensuring room for both dreams and investment returns to grow. Whether you are a family in search of a place to add your personal touch or an investor looking to add to your portfolio, this property, offers an exciting and rewarding opportunity. Discover the endless opportunities this property has positioned in the heart of a thriving community.
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 156 Sparks Rd, Norlane

156 Sparks Rd, Norlane is a 3 bedroom, 1 bathroom House. The property has a land size of 689m2. The place is currently for sale with Harcourts North Geelong.

Building Type
House
Land Size
689m2

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About Norlane 3214

The size of Norlane is approximately 5 square kilometres. It has 10 parks covering nearly 8.5% of total area. The population of Norlane in 2011 was 8,011 people. By 2016 the population was 8,316 showing a population growth of 3.8% in the area during that time. The predominant age group in Norlane is 20-29 years. Households in Norlane are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Norlane work in a labourer occupation. In 2011, 48.4% of the homes in Norlane were owner-occupied compared with 43.4% in 2016.

Norlane has 5,433 properties. Over the last 5 years, Houses in Norlane have seen a 32.52% increase in median value, while Units have seen a 25.73% increase. As at 30 November 2024:

  • The median value for Houses in Norlane is $457,060 while the median value for Units is $385,633.
  • Houses have a median rent of $385 while Units have a median rent of $380.
There are currently 21 properties listed for sale, and 16 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 173 properties were sold in the past 12 months in Norlane.

Suburb Insights for Norlane 3214

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Nick De Stefano
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Eric Ly
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Harcourts North Geelong
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.