1 Wendover Ave, Norlane is a 3 bedroom, 1 bathroom Townhouse with 3 parking spaces and was built in 1960. The property has a land size of 734m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom Townhouse sold in Norlane in the last 12 months.
1 house, 2 townhouses with a total of 7 bedrooms 3 bathrooms and double carports for the townhouses.
Enjoy the rental income from this 3 bedroom fully renovated home with two rear two storey townhouses .. or house you and your extended family all on the one block
House 1- The original home that has undergone a recent update, comprising of 3 bedrooms and 1 bathroom. Kitchen includes electric 600mm oven and 4 burner gas cooktop, dishwasher and good amount of bench and cupboard space. All three bedrooms have polished floorboards and bedroom one is complete with built in robes.
Townhouse 2 & 3 - Built n 2016 & comprising of 2 bedrooms 1 bathroom with a second powder room toilet downstairs. Kitchen includes 5 burner Gas cooktop and electric fan forced oven with pantry, ample bench and cupboard space. Both have split systems. Outside you have private courtyards in both and single carport space.
Townhouse 2 is rented at $320 per week and
Townhouse 3 is leased at $320 per week.
Ideal as a steady income stream or to be part of your self managed super.
Gross return of approx 4%/annum
With easy access to the CBD, Spirit of Tasmania Terminal & Prince's freeway that takes you to Melbourne there will always be a demand from renters to live in this area.
The size of Norlane is approximately 5.0 square kilometres. It has 10 parks covering nearly 8.5% of 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 5,511 properties. Over the last 5 years, Houses in Norlane have seen a 36.43% increase in median value, while Units have seen a 45.07% increase. As at 31 December 2025:
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