42 Dunloe Ave, Norlane is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 545m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last transferred in September 2002.
Attention all developers and investors! We are proud to present a unique opportunity to purchase a corner allotment in the ever growing suburb of Norlane, with approved plans and permits for the construction of three stunning townhouses!
This project is ready to be set in motion and allow you to reap the rewards in no time. Take advantage of the prime location and generous allotment by securing now for future capital growth. The plans have been meticulously designed to maximise functionality and style where each townhouse will boast spacious living areas, modern kitchens and many more modern amenities sure to impress future home buyers and tenants. Each townhouse will also have their own driveway resulting in no shared property with neighbours (STCA).
Positioned moments away from all Norlane has to offer, being within a short drive to local shopping centres, schools for all ages and public transport. The newly relocated Spirit of Tasmania is close by along with future sites of the Geelong Healthcare Precinct & Northern Aquatic Centre. All of this while having the Princes Highway in close proximity for ease of access to the Geelong & Melbourne CBDs.
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 5,385 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:
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