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Investment Property Norlane, VIC, 3214

Suburb Snapshot

Norlane is a suburb in the Greater Geelong Region of Victoria. Norlane has a population of 8,310 people and 42.11% of its occupants live in rental accommodation. The median listing price for houses is $449,000 and this has changed 0.00% over the past year and changed -0.23% over 2 years.

The median rent in Norlane for houses is $390 per week and the median rental yield is 4.51%. Stock on the market for houses/townhouses has changed 18.75% compared to last year and the average time to sell a house/townhouse is 108 days.The median listing price for units is $430,000 and this has changed -2.17% over the past year. The average unit takes 72 days to sell and the median rent for a unit in Norlane is $385 per week, producing a rental yield of 4.65%.

Supply & Demand in Norlane, Greater Geelong

1.17%

Current vacancy rate


57

Rental stock available


8,310

Population


42.11%

Rental population


0.88%

Current vacancy rate


1,294

Rental stock available


233,426

Population


23.30%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Norlane, Greater Geelong

  House Townhouses Units
Median listing price $449,000 $449,500 $430,000
Median price change - last quarter 0.00% 5.64% 4.52%
Median price change - 1 year 0.00% NA -2.17%
Median price change - 2 years -0.23% NA 2.38%
  House Townhouses Units
Median weekly rent $390 $440 $385
Median yield % 4.51% 5.09% 4.65%
Median rent change - 1 year 8.33% 10.00% 10.00%
  House Units
Previous month sales 15 3
Stock on market previous month 76 7
Stock variance vs. last year 18.75% -22.22%
Average days on market 108 72

Norlane investment property listings

Showing 5 of 67 investment properties found in Norlane on realestateinvestar.com.au

35 North Shore Rd, Norlane

$570,000

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Flexible Living on a Fully Fenced Corner Block

Positioned on a generous corner allotment of approximately 569m², this four bedroom home offers space, flexibility and everyday convenience in a location that continues to attract strong interest from buyers. Set on a fully fenced block, the property provides a secure and private setting, well ...

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House

VIC 3214


48 Rose Ave, Norlane

$615,000

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Newly Created Permits, with time to complete

POTENTIAL: Positioned on a substantial 727m² (approx.) allotment in a highly convenient Norlane location, this is a rare opportunity offering approved permits, flexibility and immediate upside for builders, developers, investors or owner-occupiers looking to maximise the site's potential. With ...

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House

VIC 3214


14 Waitara Grove, Norlane

$549,000

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Ideal First Home or Investment Opportunity in Norlane

Positioned in a convenient pocket of Norlane, 14 Waitara Grove presents an excellent opportunity for first home buyers, investors, and savvy purchasers looking to secure a well-located property. Offering three well-proportioned bedrooms, a central bathroom, and ample car accommodation, this home ...

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House

VIC 3214


44 Tallis St, Norlane

$549,000

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Massive 743m² Block Invest, Develop or Nest

Welcome to 44 Tallis Street, Norlane, a prime opportunity for investors, developers, or savvy buyers looking to secure a property with serious upside. Set on a generous 743m² (approx.) allotment, this well-maintained home offers immediate comfort with exciting future potential. Featuring 2 ...

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House

VIC 3214


1/54 Tallis St, Norlane

$449,000

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Modern, Low-Maintenance Living in a Convenient Location

Positioned in a convenient pocket of Norlane, this well-presented home offers the perfect opportunity for first home buyers, downsizers, and savvy investors alike. Combining low-maintenance living with a functional floorplan, 1/54 Tallis Street delivers comfort, convenience, and excellent value. ...

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Unit

VIC 3214


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