174 Sparks RoadNorlane VIC 3214
Property Details for 174 Sparks Rd, Norlane
174 Sparks Rd, Norlane is a 4 bedroom, 1 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 718m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in December 2018.
Last Listing description (February 2024)
Set on a generous 718m2 (approx.) corner allotment, this home is an ideal investment opportunity with existing tenants and approved plans for four dwellings ready to be brought to life.
The original home welcomes you into a spacious living room which effortlessly adjoins to the kitchen/ dining space. The remainder of the home is completed by four well-sized bedrooms, serviced by a central bathroom, laundry and separate toilet. Take advantage of the expansive backyard, primed to bring your development goals to life or first home buyers can take the opportunity to update the home to their liking.
Located in one of the most sought after pockets of Norlane, this home is only minutes away from the newly relocated Spirit of Tasmania, North Shore train station and more major infrastructure coming to the suburb. The Princes Highway is also easily accessed for commuters as well as public transport, local schools and shopping centres.
Property History for 174 Sparks Rd, Norlane, VIC 3214
- 08 Nov 2023Listed for Sale $550,000 - $600,000
- 21 Sep 2022Listed for Rent $370 / week
- 16 Aug 2021Listed for Rent $350 / 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 5,377 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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