47 Camellia Cres, Norlane is a 1 bedroom, 1 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 871m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom House sold in Norlane in the last 12 months.
Set in an established location in popular Norlane within walking distance of Corio Shopping Centre, shopping precincts, schools, day-care facilities, North Shore train station and public transport, this impressive fully renovated single-level residence on 871m2 (approx.) is great opportunity for a first home buyer, investor or developer.
This 2-bedroom home presents a fantastic opportunity for keen investors/developers or first home buyers alike, with a massive backyard with potential subdivision potential (STCA) ready to go. Now is the time to get into the market or add to your portfolio. No better example of the opportunities currently presenting themselves is this spacious and well-kept Norlane home.
Key Features:
- Great Investment/Development opportunity
- Short distance to all major amenities
- Huge corner block of 871sqm.
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:
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