SOLD
Sold on 06 Dec 2023 for $570,000

54 Camellia Crescent
Norlane VIC 3214

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 75m2
Land area: 779m2
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Ali Bandari
Area Specialist Geelong City
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Property Details for 54 Camellia Cres, Norlane

54 Camellia Cres, Norlane is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 779m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom House sold in Norlane in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
75m2
Land Size
779m2
Local Government
Greater Geelong
Lot/Plan
296/LP51398

Last Listing description (May 2024)

Set in an established location in popular Norlane within walking distance of Corio Shopping Centre, shopping precincts, schools, day-care facilities, North Shore train station and public transport, this impressive fully renovated single-level residence on 780m2 (approx.) with plans & permit approved for 2 additional townhouses is a great opportunity for a first home buyer, investor or developer.

This 2-bedroom home presents a fantastic opportunity for keen investors/developers or first home buyers alike, with a massive backyard with plans & permit approved ready to go. Now is the time to get into the market or add to your portfolio. No better example of the opportunities currently presenting themselves is this spacious and well-kept Norlane home.

Planning permit:-

Unit 2 - consist of 5 bedrooms 2 bathrooms & double lockup garage.

Unit 3 - consist of 4 bedrooms 2 bathrooms & double lockup garage

Key Features:

- Fully Renovated throughout

- New kitchen appliances/ New 900 cooktop /oven/ range-hood

- Brand new bathroom

- New flooring throughout the home

- New colour-bond roof

- 2 toilets

- Short distance to all major amenities

- Plans permit approved.

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Property History for 54 Camellia Cres, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$570,000
06 Dec 2023
Listed for Rent
$350/w
15 Nov 2023
  • 06 Dec 2023
    Sold for $570,000
  • 15 Nov 2023
    Listed for Rent $350 / week
  • 05 Sep 2023
    Listed for Sale $550,000-$600,000 Plans permit Approved
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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 5,377 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:

  • 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.
There are currently 27 properties listed for sale, and 19 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Norlane.

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