SOLD
Sold on 18 Mar 2024 for $350,000

4 Michell Close
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 125m2
Land area: 612m2
Sold By
Gartland (residential) Geelong
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Property Details for 4 Michell Cl, Norlane

4 Michell Cl, Norlane is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 612m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Norlane in the last 12 months.

Building Type
House
Floor Size
125m2
Land Size
612m2
Local Government
Greater Geelong
Lot/Plan
1/TP115481

Last Listing description (March 2024)

Located to the West of Thompson Road and only 150 metres from the Donnybrook Road shops, this is a prime development opportunity in a quiet neighbourhood location. The property is set on a 612sqm allotment and boasts a 15.7metre north facing frontage.

The current dwelling is not move in ready and would take extensive work to make it habitable. The property features a large garage and multiple garden sheds. The location is easily accessible without being on a major through way and is within walking distance of bus services.

This is the ideal 2-lot subdivision (STCA) proposition offering a generous frontage, and only a rear easement. The zoning is General Residential Zone - Schedule 1 making it the ideal development proposition for those ready and able to start their next project.

? 612sqm allotment
? 15.7 x 39.6 metres
? North facing property
? Close to public transport and Donnybrook Road shops

Property History for 4 Michell Cl, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$350,000
18 Mar 2024
  • 18 Mar 2024
    Sold for $350,000
  • 13 Dec 2023
    Listed for Sale Auction
  • 01 Aug 1985
    Sold for $45,000
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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 5,371 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, 153 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.