OFF MARKET

8 Ibis Court
Norlane VIC 3214

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 99m2
Land area: 565m2
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Last updated 14 Oct 2024
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Property Details for 8 Ibis Ct, Norlane

8 Ibis Ct, Norlane is a 2 bedroom, 1 bathroom House. The property has a land size of 565m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Floor Size
99m2
Land Size
565m2
Local Government
Greater Geelong
Lot/Plan
440/LP54863

Last Listing description (October 2022)

Situated on a huge 565m2 (approx.) allotment, this home awaits its new owner.
Primed and ready for the savvy investor, renovator or developer this is your next project.

With a Development Zone - General Residential Zone - Schedule 1.

Comprising of two bedrooms, a central bathroom, kitchen / meals area and a huge spacious rear yard and wide side entry.
Close by to local schools, public transport, medical centres, ovals, Corio Shopping Centre, Robin Ave shopping precinct and the Princes Highway for commuters.
With endless possibilities, this is an opportunity not to be missed!

Terms are strictly 10% deposit
60 days or less settlement.

*All information offered by One Agency Mark Mitchell Real Estate is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such One Agency Mark Mitchell Real Estate simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. One Agency Mark Mitchell Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information.

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Property History for 8 Ibis Ct, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$380,000
10 Oct 2022
  • 10 Oct 2022
    Sold for $380,000
  • 16 Aug 2022
    Listed for Sale $380,000

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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 5,326 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 23 properties listed for sale, and 12 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 147 properties were sold in the past 12 months in Norlane.

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