SOLD
Sold on 16 Apr 2024 for $520,000

47 Camellia Crescent
Norlane VIC 3214

Bedrooms: 1
Bathrooms: 1
Car spaces: 4
Floor area: 91m2
Land area: 871m2
Sold By
Area Specialist Geelong City
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Property Details for 47 Camellia Cres, Norlane

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.

Building Type
House
Year Built
1960
Floor Size
91m2
Land Size
871m2
Local Government
Greater Geelong
Lot/Plan
282/LP51398

Last Listing description (July 2024)

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.

Property History for 47 Camellia Cres, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$520,000
16 Apr 2024
Listed for Rent
$170/w
22 Apr 2009
  • 16 Apr 2024
    Sold for $520,000
  • 29 Feb 2024
    Listed for Sale $520,000- $570,000 - Great Development Site Corner
  • 15 Jul 2021
    Sold for $522,000
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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 5,328 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:

  • 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 26 properties listed for sale, and 11 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 145 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.