SOLD
Sold on 07 Aug 2024 for $400,000

46 Swallow Crescent
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 557m2
Sold By
Buxton Geelong North
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Property Details for 46 Swallow Cres, Norlane

46 Swallow Cres, Norlane is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 557m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Norlane in the last 12 months.

Building Type
House
Land Size
557m2
Local Government
Greater Geelong
Lot/Plan
118/LP54867

Last Listing description (September 2024)

Positioned only a walk away from local cafe's and shopping, this much - loved home is a real find for those looking for comfortable living and terrific outdoor space. Having been owner-occupied for nearly three decades, it's the perfect start for those looking to enter the property market, local downsizers or for the investor with a keen eye for value.

Comprised of:
* Two good-sized bedrooms with built in robes.

* Open-plan living space serviced by split-system heating and cooling, ceiling fan and an abundance of natural light.
* Updated kitchen and appliances.
*Large garage space and workshop with roller door access to the rear yard. Perfect for both securely parking vehicles with enough space for a home gym.
* Paved outdoor area, wonderful gardens and undercover space for whatever takes your fancy.

Neat and ready to be lived in, the home offers plenty of scope for its next owner to add their own touches. Located less than five minutes to the Norlane Community Hub, library and pool, Corio Village Shopping Centre and with the potential to attract a rental income of up to $350 per week (approx), it's a very attractive proposition for investors looking for value.

Property History for 46 Swallow Cres, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$400,000
07 Aug 2024
  • 07 Aug 2024
    Sold for $400,000
  • 03 Jul 2024
    Listed for Sale $385,000 - $420,000
  • 14 May 1995
    Sold for $52,500
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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.