42 Tallis St, Norlane is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 743m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom House sold in Norlane in the last 12 months.
Prime development opportunity awaits (STCA) Close to North Shore Train Station, the bay and just a few turns to the highway. The large lot is packed full of potential and boasts a huge 743ms site with wide driveway access to the rear of the property. A solid dwelling stands proudly on the site and offers 4 good-size bedrooms, a central and updated bathroom, and an expansive living space. There is a combined kitchen and meals area plus a laundry, the home offers potential to add value to the home itself with some TLC. Currently a well performing rental property, handy while you work with council on your development approval. Keep the home and add a dwelling or 2 to the rear, or re-develop the entire site (stca). The expansive backyard will appeal to families in need of room to move, play and entertain while the prime location ensures everything you could ever need is at your fingertips. School, shops and a host of amenities are all conveniently located just moments from this must-see property.
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
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 5,328 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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