SOLD
RECENT ADVICE
Sold on 22 Nov 2024 - Price Unavailable

53 Princes Highway
Norlane VIC 3214

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 739m2
Save

Property Details for 53 Princes Hwy, Norlane

53 Princes Hwy, Norlane is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 739m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in Norlane in the last 12 months.

Building Type
House
Land Size
739m2

Last Listing description (November 2024)

Presenting an excellent investment opportunity, this property boasts two units-a well-crafted blend of homeliness, convenience, and great rental potential. The front unit features a spacious open living room and a sizeable modern kitchen. It has two thoughtfully designed bedrooms, one adorned with built-in wardrobes and both with carpeted floors. The rear unit offers additional accommodation, featuring a bedroom with built-in robes alongside a second room that can be efficiently utilised as a living room or an additional bedroom. The separate bathroom, comprising a toilet, shower, and vanity, ensures privacy and comfort. The centrally located kitchen and meals area includes durable wooden cabinets and a standalone gas cooktop and oven. A shaded carport at the rear provides secure parking. All set on a 736 sqm allotment with potentially yard space to add another dwelling (stca). In need of some minor works, the potential to add value is undeniable, even sitting on the Highway service lane offers commercial potential (stca). The property is comfortably nestled close to Corio Bay, Labuan Square Shopping Centre, Robin Avenue and even Corio Village is not to far away adding to its convenience. Quality education is nearby, with St.
Thomas Aquinas Primary School and other amenities such as Barwon Health North Hospital and other health care providers. Whether you seek an investment opportunity or an enchanting residential situation, this pair of homes, located near urban amenities, is sure to appeal.

Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist

Property History for 53 Princes Hwy, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
22 Nov 2024
Listed for Rent
$245/w
01 Sep 2017
  • 22 Nov 2024
    Sold
  • 23 Jul 2024
    Listed for Sale Contact Agent
  • 16 Jun 2017
    Listed for Rent $245 / week
Sign in to see more transactions

Commute Calculator

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 5,433 properties. Over the last 5 years, Houses in Norlane have seen a 32.52% increase in median value, while Units have seen a 25.73% increase. As at 30 November 2024:

  • The median value for Houses in Norlane is $457,060 while the median value for Units is $385,633.
  • Houses have a median rent of $385 while Units have a median rent of $380.
There are currently 22 properties listed for sale, and 16 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Norlane.

Suburb Insights for Norlane 3214

Market Insights
Norlane Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Norlane Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Joe Grgic
Show contact details
Shane King
Show contact details
Harcourts North Geelong
Preferred contact:
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.