Lot 135 Cedar Crescent, Norlane VIC 3214
Norlane, Greater Geelong, VIC, Australia, 3214$ 689,900
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Cars
- 150
Details
Updated on Nov 06, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 689,900 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 560* |
| Gross Per Annum: | $ 29,120 |
| Gross Yield: | 4.22% |
| Capital Growth 12 Months: | 23.08% |
| 10Yr Annualised Growth: | 8.71% |
| Vacancy Rate: | 1.46% |
| Property Size: | 150 m2 |
| Land Area: | 301 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Parking: | 1 |
| Title Status: | |
| Property ID: | 43803 |
| SKU: | 1050 |
Description
This House & Land package in Norlane offers 4 bedrooms, 2 bathrooms and accommodation for 1 car with 301m2 of land and approximately 150m2 of dwelling area. It is located within the Laine estate and presents a new residential investment opportunity with an appraised weekly rental of $560* (gross return $29,120 per annum, gross yield 4.22%). The combination of a modern home configuration and a well-located Victorian suburb provides broad tenant appeal for portfolio growth.
Norlane is a residential suburb in Geelong’s northern corridor, offering established housing close to local shops, schools and community facilities. It sits within the wider Geelong region, with access to the regional centre’s employment, retail and services. The suburb forms part of Geelong’s long-standing residential fabric.
Investors in Norlane benefit from a local tenant market linked to Geelong’s regional economy. The suburb’s position within a major Victorian regional city supports steady demand for well-presented residential housing.
A House & Land package combines a residential block with a new home in a single property investment opportunity. It provides investors with a contemporary dwelling designed to appeal to tenants seeking space and modern living. With the land and home delivered together, this House & Land opportunity offers a straightforward way to add a new residential asset to an investment portfolio.
Features
PACKAGE
HOME
| COMFORT
EXTERNAL
|
Inclusions
GENERAL FINISHES
OTHER GENERAL INCLUSIONS
| KITCHEN
LAUNDRY
BATHROOM AND ENSUITE
|
Floor plans
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
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.