5 Morona Ave, Norlane is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 688m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in July 2016.
The enthusiastic investor, first home buyer or renovator will instantly appreciate this spacious property located just a short drive to Corio shopping centre and the Princes Hwy. The well-loved 3BR property is situated on a very generous 688 m2 block .
3 spacious bedrooms, main with BIRs
The functional well-equipped kitchen offers ample space to prepare meals
Well maintained gardens
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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