1 Kentucky AvenueNorlane VIC 3214
Property Details for 1 Kentucky Ave, Norlane
1 Kentucky Ave, Norlane is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 581m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom House sold in Norlane in the last 12 months.
Last Listing description (October 2023)
**Significant Price Reduction - Urgent Sale**
Don't miss the opportunity to grab yourself a fantastic buy
With a wide frontage and huge backyard sitting on 581 sqm (approx.) there is plenty of potential to expand this house to be your home. From the entrance, you are drawn into the open-plan living space, complete with split system air conditioning/heating, gas log fireplace and an updated kitchen. Light and airy with a North facing aspect, it's comfortable and easy living. Comprising: 3 large bedrooms all with built in robes, single bathroom partially renovated, polished timber floorboards throughout. This is a fantastic and affordable first home or an investment property in an area with an opportunity to capitalise on price growth in the coming years. The property is currently rented to terrific Renters until January 2024 and also has the potential for subdivision or development (STCA)
- Offering a tandem garage to house 2 vehicles
- A short drive from Bell Post Hill Shopping Centre, Corio Village, Northern Bay College Peacock Campus, Donnybrook Road shopping strip, Leisuretime Sports Precinct
- Easy distance to Geelong CBD or Melbourne via the Geelong Ring Road
- Main bedroom is north facing with view to the street
- Bathroom has had minor renovations
- Polished timber floors flowing throughout
- Light and airy North aspect
Property History for 1 Kentucky Ave, Norlane, VIC 3214
- 18 Jan 2024Sold for $475,000
- 09 Jun 2023Listed for Sale Not Disclosed
- 28 Dec 2021Listed for Rent $380 / week
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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 5,385 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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