52-54 Sparks RoadNorlane VIC 3214
Property Details for 52-54 Sparks Rd, Norlane
Last Listing description (July 2024)
Originally built as a church, this exceptional parcel of land is located in a highly sought-after general residential zone and will provide substantial scope to expand your imagination. Spanning approximately 1003m2, this property offers a rare blend of opportunities for astute investors, developers, or businesses looking to expand. Whether you're considering a lucrative development project or seeking a ready-to-use space, this property caters to a multitude of needs.
Key features:
- Generous 1003m2 (approx.) block providing ample space for redevelopment or expansion;
- Currently utilised as a commercial application, the property is equipped for immediate use space/storage;
- Retain the existing commercial setup or transform the space to suit your vision.
Only metres from Princes Highway, the North Shore train station, local schools and the Corio Shopping Centre, you won't want to miss this opportunity. The possibilities are endless as this property represents a rare opportunity.
Property History for 52-54 Sparks Rd, Norlane, VIC 3214
- 13 Aug 2024Sold for $655,000
- 28 May 2024Listed for Sale $645,000 - $675,000
- 01 Sep 2021Sold for $615,000
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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