40 Swallow Crescent, Norlane, VIC 3214 | Property Value & History | OnTheHouse
 
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40 Swallow Crescent
Norlane VIC 3214

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 76m2
Land area: 792m2
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Property Details for 40 Swallow Cres, Norlane

40 Swallow Cres, Norlane is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 792m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1960
Floor Size
76m2
Land Size
792m2
Local Government
Greater Geelong
Lot/Plan
115/LP54867

Last Listing description (November 2023)

Discover a property bursting with potential. This charming home is set on an expansive 792sqm block in the heart of town making this a must-see opportunity for a range of buyers from savvy developers to investors and those wanting to share in the opportunity property provides, with plans and permits in place for 4 double storey 2 bedroom townhouses ready to action.
The solid home currently offers two bedrooms and one bathroom, plus a light-filled and heated lounge ready for relaxation. There is also an open vintage kitchen and meals area, plus a laundry, a built-in robe and a linen closet for added storage space. Outside, the immediate yard is fenced for those with kids and pets while the rear part of the lot is ready for you to start the development while retaining the existing dwelling to maintain your income. All offered with the Robin Avenue Shopping Strip around the corner, Corio Village Shopping Centre, schools, transport, Highway and Ring Road merely moments away.

Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist

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Property History for 40 Swallow Cres, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$450,000
04 May 2023
Listed for Rent
$280/w
11 Jan 2020
  • 04 May 2023
    Sold for $450,000
  • 18 May 2022
    Listed for Sale Price by Negotiation $449,000 - $493,000
  • 04 Dec 2019
    Listed for Rent - Price not available
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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 5,511 properties. Over the last 5 years, Houses in Norlane have seen a 34.45% increase in median value, while Units have seen a 45.74% increase. As at 30 November 2025:

  • The median value for Houses in Norlane is $498,002 while the median value for Units is $456,383.
  • Houses have a median rent of $400 while Units have a median rent of $410.
There are currently 14 properties listed for sale, and 10 properties listed for rent in Norlane on OnTheHouse. According to Cotality's data, 337 properties were sold in the past 12 months in Norlane.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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