15 Warrawee Avenue Norlane, VIC 3214

Norlane, Greater Geelong, VIC, 3214

$ 1,052,500

Norlane, Greater Geelong, VIC, 3214
15 Warrawee Avenue Norlane, VIC 3214-0

Property Images

15 Warrawee Avenue Norlane, VIC 3214-0
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1+1
  • Cars
  • 188

Details

Updated on Sep 02, 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: 188 m2
Land Area: 670 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 1+1
Title Status: Registered
Property ID: 36426
SKU: 1045

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Positioned within the growing suburb of Norlane, this Multiple Occupancy offers a modern solution for comfortable living and smart investment. With 3 bedrooms, 2 bathrooms and 1 car space/s, it provides a layout that supports both functionality and lifestyle. Its design focuses on ease of living, making it attractive to a wide range of tenants and buyers. Backed by strong growth potential, it stands as a reliable and future-ready property. An ideal addition to any portfolio.

Norlane is a fast-emerging suburb in the Greater Geelong region of Victoria. With its proximity to key transport links like the Princes Highway and North Shore train station, it offers residents convenient access to both Melbourne and Geelong CBD. The area is seeing substantial urban renewal and development, making it a hotspot for first-home buyers and investors alike. Norlane is known for its affordability, strong rental demand, and access to amenities such as shopping centres, schools, and healthcare facilities.

With its strong rental appeal and long-term growth prospects, this Multiple Occupancy in Norlane is positioned for success. It offers both stability and opportunity, making it an excellent addition to any property portfolio. A reliable investment in a growing market.

Floor plans

floor_plan.png
Address 15 Warrawee Avenue Norlane, VIC 3214
City Greater Geelong
State VIC
Postcode 3214
Suburb Norlane
Estate KDRB 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

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