48 Rose Ave, Norlane is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 727m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in September 2018.
This sizeable two bedroom house with great potential on a generous 726m2 (approx.) block is an exciting find in this prized Norlane pocket. Currently tenanted the property provides two bedrooms in total with a generous lounge upon entry. The kitchen offers gas cooking and adjoining dining area, while down the hall lies the central bathroom and separate laundry. Boasting a wide side drive-way and an enormous rear yard the property possesses the opportunity for future sub-division while still retaining the current dwelling (STCA). Just a stone's throw away to the Princes Highway which provides easy access to either Melbourne or Geelong's CBD, along with public transport available right outside your front door. With the North Shore train station and Corio Shopping Centre only a 2 minute drive away, this location is simply fantastic! Be sure to enquire today before this amazing home with a large parcel of land is snapped up.
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 5,377 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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