OFF MARKET

2/29 Gerbera Avenue
Norlane VIC 3214

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 220m2
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Last updated 2 Sep 2024
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Property Details for 2/29 Gerbera Ave, Norlane

2/29 Gerbera Ave, Norlane is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 220m2.

Building Type
Unit
Land Size
220m2
Local Government
Greater Geelong
Lot/Plan
3/PS840347

Last Listing description (June 2024)

**PLEASE NOTE: Carpets to be replaced and lawns tidied up prior to move-in.**

This delightful unit offers a great location for all commuters in the Geelong area, with easy access to the Princes Highway for Melbourne and Geelong bound commuters.

This unit is comprising of:
- Two bedrooms with build in robes
- Open plan living room area
- Gas heating
- Split system
- Remote single car garage

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Property History for 2/29 Gerbera Ave, Norlane, VIC 3214

A timeline of how this property has performed in the market
Listed for Rent
$370/w
19 Jun 2024
  • 19 Jun 2024
    Listed for Rent $370 / 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 5,370 properties. Over the last 5 years, Houses in Norlane have seen a 36.89% increase in median value, while Units have seen a 34.15% increase. As at 31 July 2024:

  • The median value for Houses in Norlane is $455,767 while the median value for Units is $399,394.
  • Houses have a median rent of $370 while Units have a median rent of $380.
There are currently 17 properties listed for sale, and 8 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 148 properties were sold in the past 12 months in Norlane.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.