15 Warrawee Avenue Norlane, VIC 3214
Norlane, Greater Geelong, VIC, 3214$ 1,052,500
- Property Type
- 3
- Bedrooms
- 0
- Bathrooms
- 0
- Cars
- 180
Details
Updated on Aug 27, 2026
| Property Type: | |
|---|---|
| Price: | $ 1,052,500 |
| Land Price: | $ 507,500 |
| Build Price: | $ 545,000 |
| Gross Per Week: | $ 890** |
| Gross Per Annum: | $ 46,280 |
| Gross Yield: | 4.4% |
| Capital Growth 12 Months: | 23.08% |
| 10Yr Annualised Growth: | 8.71% |
| Vacancy Rate: | 1.07% |
| Property Size: | 180 m2 |
| Land Area: | 670 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 0 |
| Parking: | 0 |
| Title Status: | Registered |
| Property ID: | 35951 |
| SKU: | 1045 |
| Sold: | Aug 28, 2026 |
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
This Multiple Occupancy in Norlane presents a rare opportunity to secure a modern, high-growth investment. Featuring 3 bedrooms, 0 bathrooms and 0 car space/s, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia's fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.
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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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