38 Arunga AvenueNorlane VIC 3214
Property Details for 38 Arunga Ave, Norlane
38 Arunga Ave, Norlane is a 2 bedroom, 1 bathroom House with 6 parking spaces and was built in 1960. The property has a land size of 768m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (March 2023)
When it comes to renovation or redevelopment projects, it doesn't get much more exciting than this. This humble home stands proud on a 770sqm lot (approx) and is ready for you to unlock its full potential. Alternatively, you might look to purchase this property in conjunction with the neighbouring lot to enjoy a combined land size of 1,516sqm with endless scope for development (STCA). The current residence boasts two bedrooms and one bathroom along with multiple living spaces including a lounge and a sunroom. Daily life will centre around the open-plan kitchen, dining and living room with heating and views out over the front yard. A 4.9 x 8.4m shed is nestled behind the home and there's also gated driveway parking and a huge backyard with subdivision potential (STCA). All this is close to the heart of Norlane with shops and amenities on hand while parks, schools and major roads are also close by.
Genuine offers will be considered, a quick settlement is a priority!
Property History for 38 Arunga Ave, Norlane, VIC 3214
- 09 Dec 2022Sold for $375,000
- 30 Nov 2022Listed for Sale $360,000 - $396,000
- 18 Jun 2022Sold for $435,000
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0About 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.
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