SOLD
Sold on 01 Feb 2024 for $505,000

84 Olympic Avenue
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 112m2
Land area: 655m2
Sold By
Area Specialist Geelong City
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Property Details for 84 Olympic Ave, Norlane

84 Olympic Ave, Norlane is a 3 bedroom, 1 bathroom House and was built in 1975. The property has a land size of 655m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Norlane in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
112m2
Land Size
655m2
Local Government
Greater Geelong
Lot/Plan
131/LP12364

Last Listing description (May 2024)

This recently updated three-bedroom home is located in the popular area of Norlane West. It boasts three spacious bedrooms, all equipped with built-in robes and centrally placed to the main bathroom. The master bedroom and living room also feature additional benefits, including ceiling fans for added comfort. A brand new split system in the main living area will also ensure a perfect indoor temperature all year round.

All rooms are equipped with blinds and or curtains to maintain privacy.

The modern and stylish bathroom is equipped with a large, ceiling-to-floor tiled shower, making it perfect and spacious enough for the whole family.

The kitchen is generously sized, offering plenty of bench space, updated coking facilities including an electric oven and a brand new electric cooktop. Additionally, the backyard is secure, providing ample space and storage options.

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Property History for 84 Olympic Ave, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$505,000
01 Feb 2024
Listed for Rent
$420/w
23 Mar 2024
  • 14 Mar 2024
    Listed for Rent $420 / week
  • 01 Feb 2024
    Sold for $505,000
  • 14 Nov 2023
    Listed for Sale $500,000 - $550,000
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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 5,371 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 18 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 153 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.