OFF MARKET

16B Warrawee Avenue
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 351m2
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Property Details for 16b Warrawee Ave, Norlane

16b Warrawee Ave, Norlane is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 351m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Floor Size
99m2
Land Size
351m2
Local Government
Greater Geelong
Lot/Plan
1/PS727640

Last Listing description (April 2021)

Here is your chance to secure a great home or investment opportunity in Norlane. Immaculate, modern and stylish, this is a great opportunity for first home buyers, investors and downsizers to secure this home in a central location. With all your amenities at your doorstep with public transport at your fingertips, and easy access to the Ring Road which brings Melbourne under an hour and Geelong's CBD just 12 minutes away. Bell Post Shopping Centre just a short 3-minute drive.

Comprising 3 bedrooms all with built-in robes and master with walk-in-robe. The laundry and separate toilet complete the functional layout. An open plan kitchen, living and dining area and plenty of space that the whole family can entertain. With an approx great rental return of $330-$340 per week is great for an investor who wants to add to their portfolio.

With modern design this neat home built in 2016 offers the perfect opportunity for investors looking to add to their investment portfolio, a downsizer or a small family who is looking for a low maintenance yard set on 350m2 (approx.).

Key features:

• 3 Bedrooms all with built in robes and master with walk in robes
• 2-way bathroom with separate shower and bath
• Spacious open plan kitchen/living
• Single lockup garage (remote control)
• Split System Heating/Cooling
• Close to all amenities
• Low maintenance backyard
• Two solar panels

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Property History for 16b Warrawee Ave, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$425,000
29 Mar 2021
Listed for Rent
$320/w
01 Sep 2018
  • 29 Mar 2021
    Sold for $425,000
  • 17 Mar 2021
    Listed for Sale Under Contract in 14 days!
  • 07 Aug 2018
    Listed for Rent $320 / 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 5,378 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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