OFF MARKET

3/61 Olympic Avenue
Norlane VIC 3214

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 192m2
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Property Details for 3/61 Olympic Ave, Norlane

3/61 Olympic Ave, Norlane is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 192m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2019
Floor Size
70m2
Land Size
192m2
Local Government
Greater Geelong
Lot/Plan
3/PS806805

Last Listing description (August 2021)

**Call or email agent to register for inspection**
Move in and make yourself at home in this modern, stylish and functional two-bedroom, one-bathroom unit. The single-storey layout is light-filled and inviting with an air-conditioned and open-plan kitchen, dining and living zone where you can gather with friends and family in absolute comfort.

Granite benchtops and plenty of storage are ready and waiting for you to cook up a storm in the kitchen plus there are stainless steel appliances and a tiled backsplash. Both bedrooms are bright and comfortable with one offering a walk-in robe and the other featuring a built-in robe. A separate toilet off the bathroom adds convenience while the long list of extras includes a European-style laundry, a single garage, a rainwater tank and a low-maintenance yet private yard.

Whether you're looking to bolster your property or secure an idyllic home, you're guaranteed to love the central location. The Geelong CBD is less than 15 minutes away plus you'll relish quick access to the Geelong Ring Road, local schools, shops and parks.

Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist

Property History for 3/61 Olympic Ave, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$400,000
22 Jun 2021
Listed for Rent
$330/w
05 Jun 2021
  • 22 Jun 2021
    Sold for $400,000
  • 08 Jun 2021
    Listed for Sale $389,000 - $419,000
  • 06 Jun 2019
    Listed for Rent $330 / 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, 151 properties were sold in the past 12 months in Norlane.

Suburb Insights for Norlane 3214

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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.