OFF MARKET

54 Spruhan Avenue
Norlane VIC 3214

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 94m2
Land area: 1173m2
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Last updated 28 Oct 2024
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Property Details for 54 Spruhan Ave, Norlane

54 Spruhan Ave, Norlane is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1986. The property has a land size of 1173m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
1986
Floor Size
94m2
Land Size
1173m2
Local Government
Greater Geelong
Lot/Plan
293/LP59055

Last Listing description (November 2022)

Calling all developers, investors and first home buyers, this one's for you!
Presenting an exciting opportunity to purchase a terrific property on an extensive 1,173m2 (approx.) parcel of land. Whether your future plan is to develop (STCA), renovate or simply set and forget, do so with ease knowing this property has it all.
Located close to the Corio Shopping Centre, local schools, public transport, the North Shore train station and the Princes Highway for commuters.

The existing home occupies two comfortable sized bedrooms, both with built in robes, a central bathroom, kitchen and meals area, lounge room and separate laundry.
A great buy in a great location!

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Property History for 54 Spruhan Ave, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$550,000
21 Jun 2021
Listed for Rent
$235/w
22 Jan 2020
  • 21 Jun 2021
    Sold for $550,000
  • 21 Apr 2021
    Listed for Sale $550,000
  • 13 Dec 2019
    Listed for Rent $235 / week
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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 5,329 properties. Over the last 5 years, Houses in Norlane have seen a 31.46% increase in median value, while Units have seen a 28.56% increase. As at 30 September 2024:

  • The median value for Houses in Norlane is $446,045 while the median value for Units is $394,164.
  • Houses have a median rent of $380 while Units have a median rent of $380.
There are currently 28 properties listed for sale, and 10 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Norlane.

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