484 Melbourne Road, Norlane, VIC 3214 | Property Value & History | OnTheHouse
 
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484 Melbourne Road
Norlane VIC 3214

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3883m2
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Property Details for 484 Melbourne Rd, Norlane

Building Type
Commercial
Land Size
3883m2
Local Government
Greater Geelong
Lot/Plan
CP173819

Last Listing description (November 2018)

* Huge Site Area: 3,883 sqm (approx.)
* Building Area of 680 sqm (approx.)
* Five (5) year lease commencing 1 July 2016

* Leased to national tenant Godfreys at $169,984.86 pa (approx.)
* Three street frontages: 147 metres combined (approx.)
* Surrounded by popular national tenants Bunnings (directly opposite), Coles Express (next door), McDonalds, KFC, Hungry Jacks, Ford (directly opposite)
* Huge development potential with a range of development outcomes possible (STCA)
* Close to major roadways including the Princes Freeway and Princes Highway
* Just 1km (approx.) to North Shore train station with services to Melbourne CBD
Auction 12noon AEST Friday 14 September 2018, Room M5, Crown Promenade, Melbourne
FOR AN IMMEDIATE INSPECTION CALL US TODAY!
GODFREYS PROPERTY AUCTIONS
7 PREMIUM PROPERTIES
Wednesday 12 September 2018 at 12noon Onsite
Shops 1 & 2, 60 Commercial Rd, Salisbury SA
Portfolio Auction
Friday 14 September from 12noon
Rooms M5 & M6, Crown Promenade, Melbourne
568-570 Mt Alexander Road, Ascot Vale
1662-1668 Hume Hwy, Campbellfield
380 Hawthorn Rd, Caulfield South
484 Melbourne Rd, Geelong North
Thursday 20 September 2018 at 10:30am
Cooley Auction Centre at Level 5, 1 Margaret Street, Sydney
1375 Canterbury Rd, Punchbowl NSW
Friday 21 September 2018 at 12noon Onsite
223-225 James St, Toowoomba QLD

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Property History for 484 Melbourne Rd, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$4,210,000
14 Sep 2018
  • 14 Sep 2018
    Sold for $4,210,000
  • 16 Aug 2018
    Listed for Sale Auction 14/09/18
  • 30 Oct 1997
    Sold for $900,000
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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 15 properties listed for sale, and 9 properties listed for rent in Norlane on OnTheHouse. According to Cotality's data, 336 properties were sold in the past 12 months in Norlane.

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