Lot 144 Cedar Crescent, Norlane VIC 3214

Norlane, Greater Geelong, VIC, Australia, 3214

$ 689,900

Norlane, Greater Geelong, VIC, Australia, 3214
House and Land Investment Property in Norlane, VIC (4.22% Yield) | Aus Investment Properties - Photo 1

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House and Land Investment Property in Norlane, VIC (4.22% Yield) | Aus Investment Properties - Photo 1
  • 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: 43804
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

  • Type: House and Land package.
  • New freestanding home.
  • Energy-efficient all-electric design.

HOME

  • Open-plan living areas.
  • Carpet to bedrooms.
  • Timber hybrid floorboards to living areas.
  • Tiles to wet areas.
  • Ceiling height approximately 2700mm.

COMFORT

  • Heating and cooling to living areas and bedrooms.
  • LED downlights throughout.
  • Block-out roller blinds to all windows.

EXTERNAL

  • Front and rear landscaping.
  • Concrete driveway and footpath.
  • Fencing to rear and side boundaries.
  • Letterbox.

Inclusions

GENERAL FINISHES

  • Timber hybrid floorboards.
  • Tiles to all wet areas.
  • Carpet to all bedrooms.
  • Ceiling height approximately 2700mm (wet areas may vary).
  • LED downlights throughout the home.
  • Heating and cooling to living areas and bedrooms.
  • Painted plasterboard ceilings with square-set finish.
  • Flush panel doors.

OTHER GENERAL INCLUSIONS

  • Block-out roller blinds to all windows.
  • Front and rear yard landscaping.
  • Concrete driveway and footpath.
  • Fencing to rear and side boundaries.
  • Letterbox.

KITCHEN

  • 20mm marble-look porcelain benchtops.
  • 900mm electric cooktop.
  • 900mm electric oven.
  • 900mm concealed rangehood.
  • Stainless steel dishwasher.
  • Fridge cavity provision.
  • Undermount sink.
  • Brushed nickel tapware.

LAUNDRY

  • Brushed nickel tap with chrome washing machine stops.
  • Undermount sink.

BATHROOM AND ENSUITE

  • Brushed nickel shower tapware.
  • Semi-frameless glass shower screens.
  • Standard toilet suite.
  • Melamine vanity cabinets with wall-mounted mirror.

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 144 Cedar Crescent, Norlane VIC 3214
City Greater Geelong
State VIC
Postcode 3214
Suburb Norlane
Estate Laine
Region Geelong

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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.

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