SOLD
Sold on 06 Aug 2024 for $460,000

32 Stradbroke Street
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 105m2
Land area: 690m2
Sold By
Stockdale & Leggo Sth Barwon/Belmont
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Property Details for 32 Stradbroke St, Norlane

32 Stradbroke St, Norlane is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 690m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Norlane in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
105m2
Land Size
690m2
Local Government
Greater Geelong
Lot/Plan
173/LP59148

Last Listing description (October 2024)

A myriad of opportunity awaits for first home buyers, renovators, investors or developers looking for a property with options galore. On offer is a three-bedroom weatherboard home with a sunny living room (split-system reverse cycle air-conditioning), updated kitchen, updated bathroom and three sizeable bedrooms. A wide driveway leads to an oversized single garage. With so much new development taking place, the opportunity to capitalise on the 691m2 (approx.) allotment for a future renovation or subdivision is obvious (subject to council approval). Currently rented to great renters at $370 per week on a month-to-month basis. Located a short walk to North Shore Train Station, Labuan Square and access to Melbourne Road, this is the opportunity you have been waiting for. Act quickly!

Property History for 32 Stradbroke St, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$460,000
06 Aug 2024
  • 06 Aug 2024
    Sold for $460,000
  • 05 Jul 2024
    Listed for Sale $445,000 - $469,000
  • 09 Nov 2021
    Sold for $485,000
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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 5,377 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 19 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 154 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.