OFF MARKET

52 Princes Highway
Norlane VIC 3214

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 97m2
Land area: 635m2
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Property Details for 52 Princes Hwy, Norlane

52 Princes Hwy, Norlane is a 0 bedroom, 0 bathroom House. The property has a land size of 635m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Floor Size
97m2
Land Size
635m2
Local Government
Greater Geelong
Lot/Plan
1/TP556468

Last Listing description (November 2024)

A prime corner block in the heart of Norlane. Spanning a generous 635m?, this property presents a unique opportunity for development, perfectly suited for builders and investors looking to capitalize on a thriving location.

Conveniently located, this property is just minutes away from essential amenities, including shopping centers, schools, parks, and public transport. Its strategic position ensures easy access to everything residents need, enhancing the appeal for future development.

The sizable corner block offers significant potential for various development options. With zoning that supports residential or mixed-use projects, this site is ideal for townhouses, multi-unit dwellings. The possibilities are endless for those looking to make their mark in this growing suburb.

Norlane is currently experiencing revitalization and growth, making it an attractive investment destination. Surrounded by established homes and a vibrant community, this property is poised for future appreciation and success.

Don?t miss out on this exceptional opportunity! For more details or to schedule a viewing, please reach out to us today. Let?s turn your vision into reality at this fantastic location in Norlane.

Property History for 52 Princes Hwy, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$372,000
27 Nov 2021
  • 10 Oct 2024
    Listed for Sale $399,000- $438,000 Corner Block
  • 16 Dec 2022
    Listed for Sale Price by Negotiation $419,000 - $459,000
  • 04 Jul 2022
    Listed for Sale $449,000 - $489,000
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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 5,436 properties. Over the last 5 years, Houses in Norlane have seen a 28.31% increase in median value, while Units have seen a 19.89% increase. As at 31 January 2025:

  • The median value for Houses in Norlane is $455,179 while the median value for Units is $379,403.
  • Houses have a median rent of $390 while Units have a median rent of $385.
There are currently 12 properties listed for sale, and 18 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 187 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.