8 Gardenia GroveNorlane VIC 3214
Property Details for 8 Gardenia Gr, Norlane
8 Gardenia Gr, Norlane is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 749m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
Last Listing description (February 2015)
BIG BUBBLES, NO TROUBLES
There is an old saying that if it appears too good to be true, it normally is. All that is about to change with this fantastic opportunity for any astute developer or investor out there that is looking at making a couple of bucks in the short, mid or long term future. The home itself has 3 bedrooms, lounge, kitchen with meals area, single bathroom and steel garage. Set on approximately 750m2 (17m x 44m) of land and with no easement burdening any part of the land, it really just depends on whether you want to keep the existing dwelling or knock it down to build 2 or 3 units (S.T.C.A). Currently returning almost $13,000 per year with a long term tenant that is more than happy to stay on as long as possible, there is an instant return whilst the plans are being drawn.
Contact: Brad Archer ? 0402 443 387
Additional feature/s - Built-In Wardrobes.
Property History for 8 Gardenia Gr, Norlane, VIC 3214
- 03 Mar 2015Sold for $225,000
- 30 Oct 2014Listed for Sale $245,000
- 18 Jun 2011Listed for Rent - Price not available
Recent sales nearby
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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 5,512 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.
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