Sold
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 21, 2026
| Property Type: | |
|---|---|
| Price: | $ 1,052,500 |
| Land Price: | $ 507,500 |
| Build Price: | $ 545,000 |
| Gross Per Week: | $ 900** |
| Gross Per Annum: | $ 46,800 |
| Gross Yield: | 4.45% |
| Capital Growth 12 Months: | 23.08% |
| 10Yr Annualised Growth: | 8.71% |
| Vacancy Rate: | 0.01% |
| Property Size: | 214 m2 |
| Land Area: | 670 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 5 |
| Parking: | 2 |
| Title Status: | Registered |
| Property ID: | 35223 |
| 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
This Multiple Occupancy in Norlane has been carefully crafted to offer both practical living and solid returns. Featuring 3 bedrooms, 5 bathrooms and 2 car space/s, it balances functionality with contemporary style. Designed to meet the demands of modern tenants, it provides strong rental performance and long-term growth. Its combination of design, location and value makes it a reliable investment option. A smart addition to any property portfolio.
Norlane is an emerging suburb in the Geelong region of Victoria, known for its affordability and development potential. Located just minutes from the Geelong CBD, Norlane offers residents access to public transport, shopping precincts, schools, and local amenities. The suburb has been undergoing gentrification, attracting both families and investors. With infrastructure projects and growing demand for affordable housing, Norlane is becoming a sought-after destination for property investment.
This property represents a balanced investment, offering both lifestyle comfort and strong growth potential. Its design, location and functionality make it a dependable choice for investors and homeowners alike. A smart decision for those looking toward the future.
Floor plans
Address
Open on Google Maps
Address
15 Warrawee Avenue Norlane, VIC 3214
City
Greater Geelong
State
VIC
Postcode
3214
Suburb
Norlane
Estate
Norlane
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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
