12 Lowan AvenueNorlane VIC 3214
Property Details for 12 Lowan Ave, Norlane
12 Lowan Ave, Norlane is a 3 bedroom, 1 bathroom House and was built in 1985. The property has a land size of 479m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last transferred in July 2018.
Last Listing description (April 2013)
INVESTMENT BUYING - JUST BUY IT?
ROCK SOLID INVESTMENT SHOWING POSITIVE RETURNS. CURRENTLY LET TO LONG TERM TENANTS @ $280.00 PER WEEK, THIS WELL PRESENTED BRICK HOME OFFERS THREE BEDROOM, SEPARATE LOUNGE, SPACIOUS KITCHEN, DINING AREA, IMMACULATE BATHROOM COMBINING SPA BATH AND SEPARATE SHOWER. EXTERNAL BUNGALOW COMES COMPLETE WITH KITCHEN, SHOWER, BEDROOM AND LIVING AREA FOR INDEPENDENT LIVING. WITH NOTHING TO DO BUT JUST COLLECT THE RENT, THIS PROPERTY IS ALSO AVAILABLE WITH VACANT POCESSION FOR THE OWNER OCCUPIER.
Property History for 12 Lowan Ave, Norlane, VIC 3214
- 09 Jul 2018Transferred
- 23 Apr 2013Sold for $235,000
- 05 Apr 2013Listed for Sale $239,000
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0About 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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