SOLD
Sold on 13 May 2024 for $410,000

3/73-75 Sparks Road
Norlane VIC 3214

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 215m2
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Property Details for 3/73-75 Sparks Rd, Norlane

3/73-75 Sparks Rd, Norlane is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 215m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Norlane in the last 12 months.

Building Type
House
Year Built
1990
Floor Size
81m2
Land Size
215m2
Local Government
Greater Geelong
Lot/Plan
3/PS337226

Last Listing description (February 2019)

Set in a great location within minutes to the Princes Hwy & Geelong Ring Rd for quick and easy commuting to Geelong CBD (10 mins) and Melbourne CBD (45 mins) plus within a 30-minute drive to some of Victoria's best beaches.
Currently tenanted at $240/week with a great tenant on a month-by-month lease makes this a fantastic investment opportunity or perfect for those wishing to downsize. Boasting 2 good-sized bedrooms, a central kitchen/living area, bathroom with separate shower and bath, a single lock up garage plus side access for extra parking/trailer/caravan storage.
Priced to sell and a motivated Vendor means this property will not last long in today's market.

*Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the vendor or agent.

Property History for 3/73-75 Sparks Rd, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$410,000
13 May 2024
Listed for Rent
$240/w
07 Oct 2015
  • 13 May 2024
    Sold for $410,000
  • 24 Jan 2019
    Sold for $279,500
  • 09 Jan 2019
    Listed for Sale Not Disclosed
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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 5,371 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, 153 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.