15 Warrawee Avenue Norlane, VIC 3214
Norlane, Greater Geelong, VIC, 3214$ 1,052,500
- Property Type
- 3+2
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 214
Details
Updated on Aug 18, 2026
| Property Type: | |
|---|---|
| Price: | $ 1,052,500 |
| Land Price: | $ 507,500 |
| Build Price: | $ 545,000 |
| Gross Per Week: | $ 910** |
| Gross Per Annum: | $ 47,320 |
| Gross Yield: | 4.5% |
| Capital Growth 12 Months: | 23.08% |
| 10Yr Annualised Growth: | 8.71% |
| Vacancy Rate: | 1.07% |
| Property Size: | 214 m2 |
| Land Area: | 670 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 5 |
| Parking: | 2 |
| Title Status: | Registered |
| Property ID: | 34530 |
| SKU: | 1045 |
| Sold: | Aug 25, 2026 |
Features
- 600mm Stainless steel appliances
- Stone bench tops to kitchen and vanities
- Tiled shower base
- Up to 20 downlights included
- 600 x 600mm Porcelain Tiles to wet areas
- Remotes to Garage Door
- Timber Look Garage door
- NBN Provisions
- Concrete driveway (up to 40m²)
- Clothesline
- 2.7m ceilings
- Dishwasher
- Split system to main living area & bedrooms
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
Experience contemporary living with this Multiple Occupancy in Norlane, designed to meet the expectations of modern buyers and investors. Offering 3 bedrooms, 5 bathrooms and 2 car space/s, it provides a functional layout with stylish finishes. The property combines comfort, efficiency and long-term durability. Positioned in a well-connected and growing community, it ensures strong appeal for tenants and buyers alike. An opportunity that blends convenience with future value.
Norlane is a rapidly evolving suburb within the City of Greater Geelong, Victoria. Known for its affordable property prices and improving infrastructure, it has become increasingly attractive to both investors and tenants. The area benefits from proximity to major highways, public transport options, shopping centres, and employment hubs. Norlane continues to experience strong population growth, making it a strategic choice for long-term property investment.
This property is built with long-term growth in mind, offering security, value and strong returns. It provides confidence for investors looking to build wealth while ensuring everyday comfort for residents. A reliable choice in today's market.
Floor plans
Address
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- Investor or SMSF.
Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract