SOLD
Sold on 15 Oct 2024 for $539,000

3 Michell Close
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 616m2
Sold By
Buxton Geelong North
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Property Details for 3 Michell Cl, Norlane

3 Michell Cl, Norlane is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 616m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Norlane in the last 12 months.

Building Type
House
Year Built
1980
Land Size
616m2
Local Government
Greater Geelong
Lot/Plan
66/LP12214

Last Listing description (October 2024)

A great opportunity for families, first home buyers, or investors looking to enter the growing northern market, this welcoming family home offers comfortable living now, with further scope to extend, subdivide or develop (STCA) on the generous 616m2 (approx.) north facing allotment. Situated a short walk from the Donnybrook Road shops, Northern Bay College, local parks, reserves and sporting facilities, Norlane Aquatic Centre, 5 minutes (approx.) from all the shopping and amenities of Corio Village, 2 minutes (approx.) from the Ring Road, with easy access to public transport, North Shore Station, and only 15 minutes (approx.) from the CBD, enjoy convenient local living with fantastic accessibility to all amenities.

Established low maintenance gardens and a classic double fronted brick facade welcome you on arrival. A wide entry hall leads to an inviting living room featuring gas heating, split system heating and cooling, plus a ceiling fan for year-round creature comforts. At the heart of the home, the quality kitchen features stone benchtops, Ariston electric oven, gas cooktop, stainless-steel and glass splashbacks, ample bench space, generous storage and is well-positioned to overlook the dining space for easy everyday living and entertaining.

Three bedrooms all include split system heating and cooling for individual climate control, two are fitted with built-in robes, serviced by a family bathroom and separate wc. A large laundry includes linen storage for excellent functionality.

Outside, the large allotment is a blank canvas offering plenty of space to grow you own produce or design a backyard for the kids to play in a secure setting. The long driveway, carport, plus garage with wc, accommodates excellent off-street parking, storage and workshop space. The double carport also offers versatility for undercover outdoor entertaining.

Don't miss this fantastic opportunity to break into an increasingly popular pocket of the market, with further potential to add value.

Rental appraisal $410 - $430 per week.

Property History for 3 Michell Cl, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$539,000
15 Oct 2024
  • 15 Oct 2024
    Sold for $539,000
  • 18 Sep 2024
    Listed for Sale $499,000 - $539,000
  • 03 Jul 2020
    Listed for Sale $390,000 to $420,000
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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, 155 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.