SOLD
RECENT ADVICE
Sold on 24 Aug 2024 for $780,000

12 Forster Street
Norlane VIC 3214

Bedrooms: 8
Bathrooms: 4
Car spaces: 7
Floor area: 102m2
Land area: 878m2
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Property Details for 12 Forster St, Norlane

12 Forster St, Norlane is a 8 bedroom, 4 bathroom House with 7 parking spaces. The property has a land size of 878m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 8 bedroom House sold in Norlane in the last 12 months.

Building Type
House
Floor Size
102m2
Land Size
878m2
Local Government
Greater Geelong
Lot/Plan
9/LP59052

Last Listing description (October 2024)

Situated on approximately 878sqm, an opportunity arises for the astute buyer in a great pocket of Norlane. With 2 brand units 80% complete and a 3-bedroom unit ready to be rented out. It is well suited to value-add investors or developers looking to maximize the excellent block size.

Offering every convenience at your doorstep, within walking distance to public transport, local shops, North Shore train station and kindergartens. As well as a short drive to North Shore train station, Corio Shopping Centre and Bell Post Hill Shopping Centre.

2 Brand new unit nearly completed, unit 1 consist of 3 bedrooms 2 bathrooms with double lock up garage. Unit 2 consist of 2 bedrooms 1 bathroom with single lockup garage near completion, The owner has instructed to sell it as is on one title, Perfect opportunity for any keen investor/ builder to finish the project and enjoy the rewards.
The property will be sold as is on one title.

- Unit 1

3 bedrooms

1 bathroom

Double lockup garage

- Unit 2

3 bedrooms

2 bathrooms

Double lock up garage

- Unit 3

2 bedrooms

1 bathroom

Single lockup garage

If you have any question about the property, feel free to call me directly.

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Property History for 12 Forster St, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$780,000
24 Aug 2024
  • 24 Aug 2024
    Sold for $780,000
  • 16 Jul 2024
    Listed for Sale $759,000 - $829,000 - Auction This Saturday 2PM
  • 15 Dec 2018
    Sold for $342,500
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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.
There are currently 27 properties listed for sale, and 19 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Norlane.

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