OFF MARKET

122 Princes Highway
Norlane VIC 3214

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 101m2
Land area: 716m2
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Last updated 18 Nov 2024
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Property Details for 122 Princes Hwy, Norlane

122 Princes Hwy, Norlane is a 2 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 716m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
1970
Floor Size
101m2
Land Size
716m2
Local Government
Greater Geelong
Lot/Plan
16/LP53643

Last Listing description (July 2024)

Prime location, right on the Princes Highway, this generous 716m2 (approx.) allotment won't last long. Presenting an opportunity to secure a neat home with potential for future development (STCA).

The original home welcomes you into a generous sized living room which effortlessly flows through to a combined kitchen/dining space that is flooding with natural light. The two spacious bedrooms offer privacy from the remainder of the home and are serviced by a central bathroom, toilet and laundry. The backyard is a secure place for the whole family to enjoy with plenty of space for beloved pets to run freely.

The location is simply unbeatable, take advantage of being minutes away from the North Shore train station and a short drive to the newly relocated Spirit of Tasmania. Also within close proximity to major shopping centres, schools for all ages, public transport and direct access to Melbourne in under an hour.

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Property History for 122 Princes Hwy, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$440,000
09 Apr 2021
  • 30 Aug 2023
    Listed for Sale $450,000 - $495,000
  • 20 Jun 2021
    Listed for Sale $440,000
  • 09 Apr 2021
    Sold for $440,000
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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 5,378 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 18 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Norlane.

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