OFF MARKET

7 Sparks Road
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 94m2
Land area: 613m2
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Last updated 11 Nov 2024
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Property Details for 7 Sparks Rd, Norlane

7 Sparks Rd, Norlane is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 613m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Floor Size
94m2
Land Size
613m2
Local Government
Greater Geelong
Lot/Plan
447/LP57792

Last Listing description (November 2022)

A rare corner site opportunity for investors or developers who are looking for a great investment & positive rental return. This corner development site, situated on 620 approx (GRZ), is coming to the market after a long time with an ideal corner site location to develop and build townhouses or enjoy rental income on two street frontages.

This convenient location places you footsteps away from public transport and metres away from the local parkland. This corner development site is perfectly located with easy access to shops, schools and opportune outdoor adventures. Set in an established location in Corio within walking distance of Corio Shopping Centre, shopping precincts, gym and leisure centre, schools, library, day-care facilities, and the easy 45-minute commute to Melbourne.


620 sqm (approx)
Great Corner Development Site
Close to all amenities
Selling 7 Sparks Road Norlane & 76 Waitara Grove Norlane (buy 1 or buy both)

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Property History for 7 Sparks Rd, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$475,000
20 Oct 2022
Listed for Rent
$230/w
13 Dec 2011
  • 20 Oct 2022
    Sold for $475,000
  • 26 Aug 2022
    Listed for Sale $450,000- $490,000
  • 27 May 2015
    Listed for Rent $230 / 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 5,370 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 26 properties listed for sale, and 17 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 153 properties were sold in the past 12 months in Norlane.

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