29 Spruhan AvenueNorlane VIC 3214
Property Details for 29 Spruhan Ave, Norlane
29 Spruhan Ave, Norlane is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 2 bedroom House sold in Norlane in the last 12 months.
Last Listing description (August 2025)
Exceptional Investment Opportunity on 832sqm
Discover an exceptional investment opportunity with this prime Investement site located at 29 Spruha Ave in Norlane. Spanning a generous 832 m.
providing immediate cash flow while you prepare for great Investment. This ensures you can start your investment journey with a solid foundation, allowing for a seamless transition from rental income to development.
The location is key, with the property situated close to a range of amenities, including schools, parks, public transport, and shopping centers. This convenience makes it an attractive option for future residents, enhancing its appeal and potential resale value.
Dont miss out on this unique opportunity to invest in a thriving community with significant growth potential.
Key Features
Spacious Block: 832 m lot size.
Current Rental Income: Both properties rented out for immediate cash flow.
Prime Location: Close to schools, parks, public transport, and shopping centers.
Property History for 29 Spruhan Ave, Norlane, VIC 3214
- 08 Aug 2025Sold for $505,000
- 25 Feb 2025Listed for Sale $499,000 - $539,000
- 12 Dec 2018Listed for Rent $250 per week
Recent sales nearby
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About Norlane 3214
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 5,516 properties. Over the last 5 years, Houses in Norlane have seen a 37.03% increase in median value, while Units have seen a 26.84% increase. As at 28 February 2026:
- The median value for Houses in Norlane is $528,417 while the median value for Units is $432,259.
- Houses have a median rent of $400 while Units have a median rent of $410.
Suburb Insights for Norlane 3214
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