3 Lumeah St, Norlane is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 666m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Set on a 666 sqm block within walking distance to the Spirit of Tasmania terminal and North Shore train station, the flexibility and potential on offer is sure to appeal. The existing home has three bedrooms, one bathroom, a practical kitchen and meals area and living room. Features include timber floorboards, split system heating and cooling, an enclosed rear porch and a lockup garage and carport. Potential to update and renovate the house and make full use of the large land by subdividing and redeveloping the backyard (STCA) presents a wealth of opportunities for the future. Parklands, bus routes, local schools, Corio Village and Labuan Square, are all easily accessible and the Geelong CBD is just a short trip adding to the convenience on offer.
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
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 5,329 properties. Over the last 5 years, Houses in Norlane have seen a 31.46% increase in median value, while Units have seen a 28.56% increase. As at 30 September 2024:
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