1/123 Princes HighwayNorlane VIC 3214
Property Details for 1/123 Princes Hwy, Norlane
1/123 Princes Hwy, Norlane is a 2 bedroom, 1 bathroom Unit. The property has a land size of 161m2.
Last Listing description (March 2026)
Unit 2 is now sold.
Located in the heart of Norlane, this newly built, separately titled and metered modern units deliver a rare combination of stylish design, energy efficiency and low maintenance living.
The home offers a thoughtful floorplan featuring two generous bedrooms with built in robes, a bright open plan living and dining area, and a contemporary kitchen complete with stone benchtops, quality appliances, tiled splashbacks and sleek black tapware.
The interior is designed with comfort and liveability in mind, with timber look flooring throughout the living area, plush carpet in the bedrooms, and split system climate control for year round comfort. Double glazed windows and a 7-star energy rating further enhance the overall quality and sustainability of the residence. A stylish bathroom featuring full height tiling, matte black fixtures and modern vanities, while large windows throughout flood each space with natural light.
Outdoors, each dwellings offer their own secure entryways, off-street parking and private low maintenance yards complete with timber decking and artificial turf, plus the added benefit of a stormwater tank. Set on an individual allotment of 165m (approx.) for Unit 1, this home is ready for immediate enjoyment or a strategic addition to a growing investment portfolio.
With schools, shopping options, public transport, train stations and parks all close by, and easy access to the Princes Highway taking you to Melbourne in under an hour, this property truly present an exciting opportunity for investors seeking strong returns, first home buyers looking for quality and affordability, or downsizers wanting a fresh start in a modern home.
Property History for 1/123 Princes Hwy, Norlane, VIC 3214
- 18 Feb 2026Listed for Rent $380 / week
- 23 Jan 2026Listed for Sale $410,000-$450,000 each
Recent sales nearby
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0About Norlane 3214
The size of Norlane is approximately 5.0 square kilometres. There are 10 parks, covering nearly 8.5% of the total area. The population of Norlane in 2016 was 8306 people. By 2021 the population was 8682 showing a population growth of 4.5% 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 2021, 41.40% of the homes in Norlane were owner-occupied compared with 43.40% in 2016.
Norlane has 5,531 properties. Over the last 5 years, Houses in Norlane have seen a 28.05% increase in median value, while Units have seen a 28.98% increase. As at 31 May 2026:
- The median value for Houses in Norlane is $542,777 while the median value for Units is $438,566.
- Houses have a median rent of $410 while Units have a median rent of $420.
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