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 Sep 01, 2026
| Property Type: | |
|---|---|
| Price: | $ 1,052,500 |
| Land Price: | $ 507,500 |
| Build Price: | $ 545,000 |
| Gross Per Week: | $ 875** |
| Gross Per Annum: | $ 45,500 |
| Gross Yield: | 4.32% |
| 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: | 36155 |
| SKU: | 1045 |
| Sold: | Sep 03, 2026 |
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, 0 bathrooms and 0 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 a northern suburb of Geelong experiencing revitalisation and strong investment activity. With excellent connectivity via public transport and proximity to shopping centres, schools, and employment hubs, Norlane is increasingly sought after by renters. The suburb benefits from affordable housing options and is only a short drive to Geelong CBD and the waterfront. Its strategic location and ongoing infrastructure improvements make it attractive for both tenants and investors.
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
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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