1 Waterford AvenueNorlane VIC 3214
Property Details for 1 Waterford Ave, Norlane
1 Waterford Ave, Norlane is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 612m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Norlane in the last 12 months.
Last Listing description (October 2024)
Situated on 612sqm corner block is set in an established location in popular Norlane West within walking distance of Northen Bay peacock campus school, Bell Post Hill Shopping Centre, Spirit of Tasmania Dock, local shopping precincts, schools, daycare facilities, Norlane train station, and public transport. This impressive single-level solid residence corner block of 612sqm (approx.) is a great opportunity for a first home buyer to enjoy a massive backyard, investor or developer with plans permit approved.
This 4-bedroom with central bathroom home presents a fantastic opportunity for first-home buyers, investors and developers alike with a massive backyard for subdivisions. Now is the time to get into the market or add to your portfolio. No better example of the opportunities currently presenting themselves is this spacious and well-kept Norlane home.
Key Features:
? 4 good-sized bedrooms
? 612m2 (Corner Block)
? Short distance to all major key amenities
? Currently rented
Property History for 1 Waterford Ave, Norlane, VIC 3214
- 30 Jul 2024Sold for $530,000
- 06 Jun 2024Listed for Sale $500,000 - $550,000
- 27 Apr 2022Listed for Rent $360 / 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 5,329 properties. Over the last 5 years, Houses in Norlane have seen a 31.46% increase in median value, while Units have seen a 28.56% increase. As at 30 September 2024:
- The median value for Houses in Norlane is $446,045 while the median value for Units is $394,164.
- Houses have a median rent of $380 while Units have a median rent of $380.
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