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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 64 investment properties found in Norlane on realestateinvestar.com.au

35 North Shore Rd, Norlane

$595,000

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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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VIC 3214


36 Donnybrook Rd, NORLANE

$595,000

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Solid Home, Strong Rental Potential The One!

Set on a generous 612m² allotment, this solid and stylish home delivers the perfect blend of modern comfort, practical living and future potential in a well-established Norlane pocket. Whether you're a homeowner, investor or seeking a move-in-ready opportunity, this property ticks all the right ...

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House

VIC 3214


2 Nowra Ct, NORLANE

$600,000

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A Potential Subdividable Opportunity Is Calling For Investors!

Set on a generous parcel of land, this delightful 3-bedroom residence offers a rare opportunity for homeowners, investors, or developers alike. With subdivision potential (STCA), the expansive block provides ample space for future development or a multi-dwelling project. It is also equipped with a ...

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House

VIC 3214


7 Tulip St, NORLANE

$520,000

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Prized Presentation with Endless Potential

Set on a generous 634m² (approx.) allotment in a well-connected Norlane location, this charming home offers immediate comfort with exciting potential to further enhance, extend or develop (STCA), making it an outstanding opportunity for first home buyers, investors and developers alike. The home ...

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VIC 3214


12 Jamina Ct, NORLANE

$680,000

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Spacious Family Living with Flexible Double Storey Design

Set on a generous 613m² (approx.) allotment in a quiet court location, 12 Jamina Court, Norlane presents a well maintained double storey home with space, flexibility and a versatile layout suited to a range of buyers. Stepping up onto the porch and into the entry, you are welcomed into the first ...

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VIC 3214


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