Norlane, VIC 3214
Compare Part of Greater Geelong
61.62 km
Distance from Melbourne CBD
24 k
Population
Auction Times
Sat 23 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 34 Bellbird Avenue 2 1 2 House | 11:00 AM Sat 23rd Nov | One Agency Mark Mitchell Real Estate |
Tue 3 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 46 Donnelly Avenue 2 1 0 House | 5:00 PM Tue 3rd Dec | Ray White |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $165,000 | 0.0% | $117,000 | $397,500 | 90 |
| 2010 | $203,000 | +18.7% | $147,000 | $430,000 | 118 |
| 2011 | $202,500 | -0.2% | $99,000 | $565,000 | 143 |
| 2012 | $205,000 | +1.2% | $140,000 | $356,000 | 109 |
| 2013 | $206,000 | +0.5% | $150,000 | $400,000 | 201 |
| 2014 | $215,000 | +4.2% | $132,000 | $432,500 | 139 |
| 2015 | $220,000 | +2.3% | $80,000 | $490,000 | 158 |
| 2016 | $236,500 | +7.0% | $65,700 | $450,000 | 184 |
| 2017 | $290,000 | +18.4% | $167,000 | $455,000 | 180 |
| 2018 | $355,000 | +18.3% | $208,000 | $925,000 | 187 |
| 2019 | $350,000 | -1.4% | $220,000 | $577,500 | 172 |
| 2020 | $372,000 | +5.9% | $239,000 | $587,000 | 121 |
| 2021 | $452,000 | +17.7% | $240,000 | $670,000 | 226 |
| 2022 | $480,000 | +5.8% | $281,000 | $732,000 | 152 |
| 2023 | $452,500 | -6.1% | $300,000 | $850,000 | 117 |
| 2024 | $463,500 | +2.4% | $277,000 | $780,000 | 117 |
Median Sale Price
$460K
Based on 126 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
+1.6%
Current Median Price: $460,000
Previous Median Price: $452,500
Based on 246 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $239 | 0.0% | $180 | $310 | 135 |
| 2012 | $240 | +0.4% | $170 | $360 | 149 |
| 2013 | $240 | 0.0% | $180 | $350 | 218 |
| 2014 | $240 | 0.0% | $170 | $450 | 167 |
| 2015 | $240 | 0.0% | $160 | $390 | 279 |
| 2016 | $245 | +2.0% | $180 | $370 | 292 |
| 2017 | $260 | +5.8% | $190 | $430 | 268 |
| 2018 | $270 | +3.7% | $190 | $461 | 226 |
| 2019 | $290 | +6.9% | $210 | $450 | 228 |
| 2020 | $290 | 0.0% | $200 | $420 | 209 |
| 2021 | $320 | +9.4% | $180 | $510 | 195 |
| 2022 | $350 | +8.6% | $180 | $595 | 240 |
| 2023 | $365 | +4.1% | $150 | $650 | 227 |
| 2024 | $385 | +5.2% | $150 | $550 | 181 |
Median Rent Price
$385
per week
Based on 207 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+5.2%
Current Median Rent: $385
Previous Median Rent: $365
Based on 433 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.4%
Current Median Price: $460,000
Current Median rent: $385
Based on 333 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Norlane
Houses sold in Last 12 months ends 16 Nov 2024
$412K
Median Sale Price
50%
Clearance Rate
3/6
Sold/Reported
$423K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K (Median Price Range) | 2 | |
| less than $400 K | 1 | |
Similar Suburbs to Norlane 3214
Based on median house sale price sold in last 12 months
Schools closest to Norlane, VIC 3214
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Thomas Aquinas Catholic School | 51 PLUME STNORLANE 3214 | Primary | Catholic | 1.08 km |
| North Geelong Secondary College | 86-132 SEPARATION STREETNorth Geelong 3215 | Secondary | Government | 2.03 km |