OFF MARKET

49 Forster Street
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 121m2
Land area: 613m2
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Property Details for 49 Forster St, Norlane

49 Forster St, Norlane is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 613m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1960
Floor Size
121m2
Land Size
613m2
Local Government
Greater Geelong
Lot/Plan
192/LP59148

Last Listing description (November 2022)

Whether you're looking for your first home, a solid investment to add to your portfolio or prime subdivision opportunity, then we've got the one for you. This spacious family home resting upon 612m2 (approx.) offers a ready to enjoy lifestyle in this highly sought after pocket of Norlane.

Beyond the weatherboard facade, floorboards greet you upon entry with this abode consisting of three generously sized bedrooms, while conveniently serviced by a central bathroom and an oversized laundry. This extends to a cozy living area, bleeding with natural light, serviced by a split system air conditioner and gas heater and an expansive kitchen with an abundance of storage.

Benefit from the generously sized rear yard with enough leg room for the growing family. With a blank canvas like this, it would be perfect for the eager renovator to create that dream oasis.

Whether you plan to subdivide (STCA) or reside, location for all buyers cannot be flawed! You're within a short distance to public transport, public schools for all ages, North Shore train station and all the future development taking place in the area securing that strong foreseeable capital growth, with the Geelong CBD and Melbourne only a short drive away via the Princes Highway.

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Property History for 49 Forster St, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$551,000
12 Oct 2021
Listed for Rent
$255/w
08 May 2018
  • 12 Oct 2021
    Sold for $551,000
  • 08 Oct 2021
    Listed for Sale $551,000
  • 26 Apr 2018
    Listed for Rent $255 / week
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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 5,329 properties. Over the last 5 years, Houses in Norlane have seen a 31.46% increase in median value, while Units have seen a 28.56% increase. As at 30 September 2024:

  • The median value for Houses in Norlane is $446,045 while the median value for Units is $394,164.
  • Houses have a median rent of $380 while Units have a median rent of $380.
There are currently 28 properties listed for sale, and 10 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Norlane.

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