1/1 Falcon StreetNorlane VIC 3214
Property Details for 1/1 Falcon St, Norlane
1/1 Falcon St, Norlane is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2012. The property has a land size of 266m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in July 2017.
Last Listing description (August 2018)
On an exceptionally low maintenance & fully fenced block, the appealing residence has all the comforts for easy, enjoyable home living. Beautifully built and maintained this picture perfect property is simply ideal for those wanting to downsize in comfort, first home buyers and investors alike. Providing 2 generous sized bedrooms in total with BIR's and easy access to the gleaming central bathroom. The home boasts a light-filled open plan kitchen, living and dining area towards the rear of the residence and the large breakfast bench forms the centre attraction of the kitchen, where meals are prepared overlooking the dining table whilst not compromising on space, convenience & comfort. Conveniently located just minutes drive to Corio Shopping Centre, with easy access to public transport as well as health care facilities all nearby, the location is ideal. Previously rented at $270/week this property is an ideal investment opportunity that you won't want to miss.
Property History for 1/1 Falcon St, Norlane, VIC 3214
- 26 Jul 2017Sold for $270,000
- 19 Jun 2017Listed for Sale $265,000 - $289,000
- 30 May 2017Listed for Rent - Price not available
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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 5,377 properties. Over the last 5 years, Houses in Norlane have seen a 31.43% increase in median value, while Units have seen a 31.23% increase. As at 31 October 2024:
- The median value for Houses in Norlane is $449,287 while the median value for Units is $394,117.
- Houses have a median rent of $380 while Units have a median rent of $380.
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