4 Forster StreetNorlane VIC 3214
Property Details for 4 Forster St, Norlane
4 Forster St, Norlane is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 971m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Last Listing description (June 2018)
Location, land and lots of potential! Calling all developers, investors and those with a keen eye for value, this spectacular 972m2 parcel of land with an immaculate 3 bedroom home is sure to spike interest from an array of purchasers. Boasting a wide side drive-way and an enormous rear yard the property possesses the opportunity for future sub-division while still retaining the current dwelling (STCA). The home itself is ready for you to move straight in or rent out, offering a spacious lounge upon entry with access through to the meals and kitchen area. The 3 bedrooms are located off the main hallway adjacent the family sized bathroom. At the rear ample off street parking is assured in the double garage or long driveway. Just a stone's throw away to the Princes Highway which provides easy access to either Melbourne or Geelong's CBD, along with public transport available right outside your front door. With the North Shore train station and Corio Shopping Centre only a 2 minute drive away, this location is simply fantastic! Homes of this condition with such a large allotment do not stay on the market long, don't miss your chance to secure your piece of premium land in the booming suburb of Norlane today.
Property History for 4 Forster St, Norlane, VIC 3214
- 10 May 2018Sold for $482,000
- 24 Apr 2018Listed for Sale $460,000 - $495,000
- 22 Aug 2016Listed for Rent - Price not available
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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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