5 Lowan AvenueNorlane VIC 3214
Property Details for 5 Lowan Ave, Norlane
5 Lowan Ave, Norlane is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 746m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in July 2016.
Last Listing description (August 2016)
Currently tenanted with rental return of $260 per week, this 3 bedroom family home has been kept in terrific condition with long term tenants lease recently renewed to 19/6/17. On 740m2 approx this property has terrific potential for first home buyers and young families down the track, otherwise keep on some fantastic tenants with a great track record.
Cosmetic updates across its time with comfortable living spaces including a separate living area off the open plan kitchen and dining with gas cooking and a central gas heater. At the rear of the home are 3 comfortable bedrooms all with robes and ceiling fans. Bathroom with shower and bath along with separate toilet. Entertain in the rear pergola onto a tidy yard with plenty of room for the kids to play and undercover parking for 2 Vehicles.
This quiet pocket of Norlane has heaps to offer with a short walk to the Alkira Avenue shops, Evans Reserve Recreational Park and Norlane Medical Centre. Easy access to the Princes Highway - only 10 minutes to the Geelong CBD and Melbourne within the hour. Inspect ASAP.
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Property History for 5 Lowan Ave, Norlane, VIC 3214
- 20 Jul 2016Sold for $250,000
- 04 Jul 2016Listed for Sale $235,000 - $250,000
- 10 Sep 2014Listed for Rent $260 / week
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0About 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 5,385 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.
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