SOLD
Sold on 25 May 2024 for $395,000

8 Lumeah Street
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 86m2
Land area: 623m2
Sold By
Maxwell Collins Pty Ltd
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Property Details for 8 Lumeah St, Norlane

8 Lumeah St, Norlane is a 3 bedroom, 1 bathroom House. The property has a land size of 623m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Norlane in the last 12 months.

Building Type
House
Floor Size
86m2
Land Size
623m2
Local Government
Greater Geelong
Lot/Plan
135/LP59148

Last Listing description (July 2024)

Situated in one of Norlane's handiest locations this 2BR home represents great value and enormous potential for a wide variety of buyers. Whether you're looking to break into the property market for the first time or a prospective development site (STCA), this property could be just what you're looking for!

As well as providing a massive block size of 623m2 (approx.) the home also boasts a fresh interior with neutral tones and provides two well sized bedrooms, spacious lounge, central bathroom and functional kitchen/meals area. Outside you'll find a huge backyard with loads of potential for a 2-part subdivision (STCA).

Situated in a quiet street with plenty of local amenities only moments away, public transport at your fingertips including North Shore train station within 300m, Spirit of Tasmania terminal, schools for all ages, a multitude of shopping options including the expansive Corio shopping centre just a short drive away. Of course, Norlane enjoys great access to the Geelong Ring Road as well as being handy to the Geelong CBD as well. You'll be hard pressed to find a property that offers as much as this for such a reasonable price -inspection is a must!

Property History for 8 Lumeah St, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$395,000
25 May 2024
Listed for Rent
$320/w
22 Dec 2022
  • 25 May 2024
    Sold for $395,000
  • 10 Apr 2024
    Listed for Sale $395,000 - $420,000
  • 06 Dec 2022
    Listed for Rent $320 / 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 5,371 properties. Over the last 5 years, Houses in Norlane have seen a 33.18% increase in median value, while Units have seen a 34.28% increase. As at 31 August 2024:

  • The median value for Houses in Norlane is $450,581 while the median value for Units is $401,814.
  • Houses have a median rent of $370 while Units have a median rent of $380.
There are currently 17 properties listed for sale, and 12 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Norlane.

Suburb Insights for Norlane 3214

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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.