Norlane Suburb ProfileVictoria 3214
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Norlane has 5,379 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.
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.
Market Insights
Norlane Trends for Houses
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Norlane Trends for Units
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Neighbourhood Insights
Age
Population 8,316
0-9
12%
10-19
13%
20-29
15%
30-39
11%
40-49
13%
50-59
13%
60-69
11%
70-79
8%
80-89
4%
90-99
1%
Household Structure
Occupancy
Recent Sales in NORLANE 3214
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Properties for sale in NORLANE 3214
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0Properties for rent in NORLANE 3214
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Last Updated: 18/11/2024
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