Norlane Suburb Profile

Victoria 3214

Norlane has 5,433 properties. Over the last 5 years, Houses in Norlane have seen a 32.52% increase in median value, while Units have seen a 25.73% increase. As at 30 November 2024:

• The median value for Houses in Norlane is $457,060 while the median value for Units is $385,633.
• Houses have a median rent of $385 while Units have a median rent of $380.

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.