49 Gerbera AvenueNorlane VIC 3214
Property Details for 49 Gerbera Ave, Norlane
49 Gerbera Ave, Norlane is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1956. The property has a land size of 613m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Last Listing description (November 2019)
This comfortable two bedroom home presents exceptional value with vast potential to further capitalize. Situated in a developing pocket of Norlane nestled on a 613m2 (approx.) allotment this could be the property you've been searching for.
Offering 2 bedrooms in the main residence with an additional bungalow, accessible via the undercover veranda, which has the potential to be used as a 3rd bedroom or rumpus room.
Upon entrance a spacious open planned living and dining area leads through to the superbly updated kitchen with large island bench and the central bathroom and separate laundry are located down the hall.
Perfect for those wanting to take their first step into the property market! This is a promising prospect for the savvy investor, with the home currently receiving $250pw in rental income, or developers looking for their next project. Just a seconds stroll to Windsor Park, surrounded by numerous schools the home provides easy access to the North Shore Train Station, Rose Avenue shops and much more.
Property History for 49 Gerbera Ave, Norlane, VIC 3214
- 28 Nov 2019Listed for Sale $340,000 - $360,000
- 07 Nov 2018Sold for $350,000
- 26 Sep 2018Listed for Sale $340,000 - $360,000
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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 5,516 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.
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