12 Wren StreetNorlane VIC 3214
Property Details for 12 Wren St, Norlane
12 Wren St, Norlane is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 680m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
Last Listing description (September 2018)
Be quick to capitalise on this well-maintained home perfect for first home owners, investors or those looking to downsize.
The property is triple insulated with ducted heating, evaporative cooling, aluminium windows and sitting on a generous allotment of 680sqm (approx). The homes functional floor plan comprises; 2 spacious bedrooms, both with double robes and ceiling fans, a generous main living area with formal dining, a central bathroom complete with shower & bath and a spacious laundry. The spotless kitchen is sure to impress, complete with induction cook-top, fan force oven, dishwasher and an abundance of shelving and storage. Additional features include; home office, alfresco, secured carport plus new shed, water tanks, additional TV points in kitchen and main bedroom and alarm system. Situated within walking distance to local shops, schools, transport, medical facilities and 2 minutes to the Melbourne Ring Road, high rental yields and low vacancy rates are assured. Expected rent return between $270-$290/wk.
Property History for 12 Wren St, Norlane, VIC 3214
- 26 Jul 2018Sold for $370,000
- 23 Jul 2018Listed for Sale $330,000 - $350,000
- 29 May 2017Sold for $282,500
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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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