66 Alkira Ave, Norlane is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 640m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
A remarkable opportunity with plenty of potential for investors, renovators or developers, subject to council approval (STCA). Situated on a large block of 640 sqm, this appealing home is strategically located backing onto Evans Reserve, only moments away from Barwon Health North Hospital, Northern Bay College, and ideally convenient to Alkira Avenue shops, Donnybrook Road shops and Corio Village Shopping Centre. Upon entering the residence, you'll be greeted by a generous family room with a split system air conditioner. This ample space seamlessly flows to the kitchen, making it a great hub for family interactions and guests. The layout includes three well-sized bedrooms and a full family bathroom. The home includes a separate laundry located toward the rear of the property, contributing to its apportioned functionality. Outdoors, you will find a large garage and huge shed at the back, perfect for storage or could possibly be converted to a studio or workshop. The home has aluminium windows, colourbond roof and has a new electrical switchboard. Needing some TLC the home offers the perfect opportunity to lift the home and add value. The property is set on a large block offering ample space for children's play, gardening enthusiasts, or potential to subdivide (STCA), capitalising on the growing popularity of the area. Because of its prime location, the property is quiet and serene, bordering the picturesque scenery of Evans Reserve. Whether you're an investor seeking to accrue a portfolio, a renovator looking for a project, or a developer seeking opportunities, this impressive property offering opens a world of exciting possibilities. Don't miss this opportunity!
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
The size of Norlane is approximately 5.0 square kilometres. There are 10 parks, covering nearly 8.5% of the 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 5,521 properties. Over the last 5 years, Houses in Norlane have seen a 33.47% increase in median value, while Units have seen a 25.15% increase. As at 30 April 2026:
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