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Norlane Median Price
House$460,100
Unit$443,300
Land$440,600
The House price is 5% lower than last year.
Surrounding suburbs
Bell Park$649,300
Bell Post Hill$720,700
Lovely Banks$738,000
North Geelong$655,200
North Shore$842,800
Norlane 3214 Profile
Norlane rent price
A128 Princes Highway, Norlane
Sold $350,000 in 21 Nov 2011(Auction) [Rectify]
Rent $280pw in Dec 2010
House: 4 Bed rooms 3 Bath rooms 1 Car spaces
Land size: 922 sqm [Measure]
Agent: Eadie, Smith & Co Real Estate - Geelong
Distance: 61.3 km to CBD; 1.3 km to North Shore Station [Transport]

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Property Description:
The backyard is east facing. The slope of land is Nearly Level, and frontage is about 21.2 metres. More about the land block...
 
A most intriguing and highly versatile property is currently occupied by 2 separate dwellings enjoying a prominent allotment totaling approx 920m2. The grand Edwardian styled residence is currently let at $260 per week and comprises of 3 large bedrooms, 2 bathrooms, separate laundry, kitchen expansive living, dining area. There is also a side drive to garage for up to 3 cars. At the rear facing Rose Avenue is a beautifully presented relocatable 1 bedroom residence comprising large open plan living, dining and adjoining kitchen, bathroom and laundry. There is also 2 separate storage facilities and carport. The estimated rental return of this unit is approximately $170-$180 per week and together with the adjoining home the total income represents approx $22,600 per year or 6.37% yield. Given the position, the 2 street frontages this property has numerous possibilities for the astute developer/investor or alternatively live in one and rent out the other.
Land Dimensions 20.1m x 45.8m = 921m2
Lot/Plan No: 1/TP20130
Search neighbour's planning permit
Property report from Government
Nearby Schools:
NameTypeRankDistance
St Thomas Aquinas Catholic SchoolPrimaryNo.1489242 metres
North Shore Primary SchoolPrimary778 metres
Norlane West Primary SchoolPrimary1.3 km
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The property data is from the auction results and realestate websites.

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