50 Iona StreetNorlane VIC 3214
Property Details for 50 Iona St, Norlane
50 Iona St, Norlane is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 457m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 3 bedroom House sold in Norlane in the last 12 months.
Last Listing description (July 2019)
This single story brick built home offers a lot of potential in more ways than one. Currently rented out at $240 per a week on a periodic lease/month to month which is available for you to take over as a landlord immediately, a brilliant investment to sit on and grow. However should you wish to move in notice to the tenants will be required. The interior is original and will need some updating in time however there are wooden floorboards throughout most of the property (lino in the kitchen) the three double bedrooms all have wooden flooring and windows. The kitchen/dinning has a gas stove top and electric oven and original cupboards. Separate laundry room with access to a lean too/undercover outdoor area that leads to the single separate garage.
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
Property History for 50 Iona St, Norlane, VIC 3214
- 22 Apr 2025Sold for $555,000
- 25 Jul 2019Sold for $247,000
- 12 Jul 2019Listed for Sale Not Disclosed
Recent sales nearby
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0About 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 36.43% increase in median value, while Units have seen a 45.07% increase. As at 31 December 2025:
- The median value for Houses in Norlane is $507,715 while the median value for Units is $459,799.
- Houses have a median rent of $400 while Units have a median rent of $415.
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