OFF MARKET

1/7 Takoma Court
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 270m2
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Last updated 2 Sep 2024
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Property Details for 1/7 Takoma Ct, Norlane

1/7 Takoma Ct, Norlane is a 3 bedroom, 1 bathroom Unit. The property has a land size of 270m2.

Building Type
Unit
Land Size
270m2
Local Government
Greater Geelong
Lot/Plan
1/PS905602

Last Listing description (July 2024)

Welcome to your dream home in Norlane! Immaculately presented and renovated to perfection, this 3 bedroom residence is a true testament to comfort and style.

Boasting a flawless presentation, it caters to a variety of buyers, whether you're seeking your first home, downsizing, or expanding your investment portfolio. Step inside to discover three spacious bedrooms, complemented by a central bathroom adorned with high-end quality finishings including a double shower, stone vanity, and floor-to-ceiling tiles.

The heart of the home lies in the expansive kitchen/meals/dining space, featuring herringbone laid floating floor and a kitchen equipped with a stunning stone island bench, gas cooking, and ample bench and cupboard space. Enjoy year-round comfort with reverse cycle heating and cooling throughout. Outside, the property sits on a very low-maintenance allotment of 270m2 (approx.), nestled in a tranquil court setting.

The location here is simply superb, we are located close by to all amenities which include local schools, Corio Shopping Centre, public transport and the Princes Highway for commuters.

Property History for 1/7 Takoma Ct, Norlane, VIC 3214

A timeline of how this property has performed in the market
  • 03 May 2024
    Listed for Sale $375,000 - $410,000
  • 12 Dec 2023
    Listed for Sale $385,000 - $419,000

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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 5,370 properties. Over the last 5 years, Houses in Norlane have seen a 36.89% increase in median value, while Units have seen a 34.15% increase. As at 31 July 2024:

  • The median value for Houses in Norlane is $455,767 while the median value for Units is $399,394.
  • Houses have a median rent of $370 while Units have a median rent of $380.
There are currently 17 properties listed for sale, and 8 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 148 properties were sold in the past 12 months in Norlane.

Suburb Insights for Norlane 3214

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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.