24 Melbourne RoadNorlane VIC 3214
Property Details for 24 Melbourne Rd, Norlane
24 Melbourne Rd, Norlane is a 3 bedroom, 1 bathroom House. The property has a land size of 626m2 and floor size of 99m2.
Last Listing description (June 2015)
The choice is yours, do you put in the work complete this home and reap the rewards or do you simply develop the site into a 2 lot subdivision (stca)? this is a unique proposition. Located close to shops, schools, public transport and direct access to the Princes Fwy (making it even more desirable for Melbourne commuters). The vendor is keen to see this property sell. Don't Miss Out!
Property History for 24 Melbourne Rd, Norlane, VIC 3214
- 01 May 2015Listed for Sale $169K-$189K By Neg.
- 11 Sep 2010Listed for Sale $169K-$189K BY NEG.
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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 5,385 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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