53 Princes Highway, Norlane, VIC 3214 | Property Value & History | OnTheHouse
OFF MARKET

53 Princes Highway
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 86m2
Land area: 736m2
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Property Details for 53 Princes Hwy, Norlane

53 Princes Hwy, Norlane is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 736m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
House
Year Built
1950
Floor Size
86m2
Land Size
736m2
Local Government
Greater Geelong
Lot/Plan
186/LP57737

Last Listing description (January 2025)

Presenting an excellent investment opportunity, this property boasts two units-a well-crafted blend of homeliness, convenience, and great rental potential. The front unit features a spacious open living room and a sizeable modern kitchen. It has two thoughtfully designed bedrooms, one adorned with built-in wardrobes and both with carpeted floors. The rear unit offers additional accommodation, featuring a bedroom with built-in robes alongside a second room that can be efficiently utilised as a living room or an additional bedroom. The separate bathroom, comprising a toilet, shower, and vanity, ensures privacy and comfort. The centrally located kitchen and meals area includes durable wooden cabinets and a standalone gas cooktop and oven. A shaded carport at the rear provides secure parking. All set on a 736 sqm allotment with potentially yard space to add another dwelling (stca). In need of some minor works, the potential to add value is undeniable, even sitting on the Highway service lane offers commercial potential (stca). The property is comfortably nestled close to Corio Bay, Labuan Square Shopping Centre, Robin Avenue and even Corio Village is not to far away adding to its convenience. Quality education is nearby, with St.
Thomas Aquinas Primary School and other amenities such as Barwon Health North Hospital and other health care providers. Whether you seek an investment opportunity or an enchanting residential situation, this pair of homes, located near urban amenities, is sure to appeal.

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

Property History for 53 Princes Hwy, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$409,000
22 Nov 2024
Listed for Rent
$245/w
01 Sep 2017
  • 22 Nov 2024
    Sold for $409,000
  • 23 Jul 2024
    Listed for Sale Contact Agent
  • 16 Jun 2017
    Listed for Rent $245 / week
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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 37.43% increase in median value, while Units have seen a 40.16% increase. As at 31 January 2026:

  • The median value for Houses in Norlane is $515,732 while the median value for Units is $452,118.
  • Houses have a median rent of $400 while Units have a median rent of $410.
There are currently 17 properties listed for sale, and 12 properties listed for rent in Norlane on OnTheHouse. According to Cotality's data, 340 properties were sold in the past 12 months in Norlane.

Suburb Insights for Norlane 3214

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.