NORLANE (HOUSE) SUBURB FLYOVER REPORT PREPARED BY: DAVID MCGUINNESS, MCGRATH GEELONG | NEWTOWN
NORLANE - Suburb Map This report has been compiled on 28/11/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
NORLANE - Sales Statistics (Houses) Year # Sales Median Growth Low High 2005 173 $ 136,000 0.0 % $ 14,000 $ 375,000 2006 148 $ 139,000 2.2 % $ 15,049 $ 341,000 2007 171 $ 147,000 5.8 % $ 18,401 $ 390,000 2008 165 $ 153,000 4.1 % $ 56,000 $ 605,000 2009 159 $ 159,900 4.5 % $ 7,364 $ 601,000 2010 168 $ 190,000 18.8 % $ 7,446 $ 350,000 2011 162 $ 204,000 7.4 % $ 8,226 $ 389,000 2012 119 $ 210,000 2.9 % $ 110,000 $ 420,000 2013 152 $ 205,000 -2.4 % $ 6,406 $ 385,000 2014 140 $ 212,500 3.7 % $ 63,125 $ 850,000 2015 181 $ 215,000 1.2 % $ 57,570 $ 2,150,000 2016 183 $ 236,500 10.0 % $ 57,570 $ 400,000 2017 202 $ 290,000 22.6 % $ 180,000 $ 430,000 2018 218 $ 355,000 22.4 % $ 53,530 $ 925,000 2019 176 $ 350,000 -1.4 % $ 100,000 $ 560,000 2020 124 $ 371,500 6.1 % $ 51,616 $ 587,000 2021 247 $ 452,000 21.7 % $ 282,500 $ 630,000 2022 153 $ 480,000 6.2 % $ 250,000 $ 732,000 2023 94 $ 452,500 -5.7 % $ 300,000 $ 2,600,000 Suburb Growth -7.2% Previous Median Price: $485,000 Current Median Price: $450,000 Based on 312 recorded House sales compared over the last two rolling 12 month periods Median Sale Price $450k Based on 119 recorded House sales within the last 12 months (Oct '22 - Sep '23) Based on a rolling 12 month period and may differ from calendar year statistics This report has been compiled on 28/11/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
NORLANE - Peak Selling Periods (3 years) NORLANE - Price Range Segments (12 months) This report has been compiled on 28/11/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
Median Weekly Rents (Houses) Suburb Rental Yield +4.0% Current Median Price: $450,000 Current Median Rent: $350 Based on 245 registered House rentals compared over the last 12 months. -7.2% Current Median Price: $450,000 Previous Median Price: $485,000 Based on 312 registered House sales compared over the last two rolling 12 month periods. Suburb Sale Price Growth Median Weekly Rents (Units) Suburb Rental Yield +4.4% Current Median Price: $411,000 Current Median Rent: $350 Based on 73 registered Unit rentals compared over the last 12 months. -13.0% Current Median Price: $411,000 Previous Median Price: $472,500 Based on 63 registered Unit sales compared over the last two rolling 12 month periods. Suburb Sale Price Growth This report has been compiled on 28/11/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
NORLANE - Recently Sold Properties # Sold Properties 119 Based on recorded House sales within the 12 months (Oct '22 - Sep '23) Based on a rolling 12 month period and may differ from calendar year statistics Suburb Growth -7.2% Previous Median Price: $485,000 Current Median Price: $450,000 Based on 312 recorded House sales compared over the last two rolling 12 month periods Median Sale Price $450k Based on 119 recorded House sales within the last 12 months (Oct '22 - Sep '23) Based on a rolling 12 month period and may differ from calendar year statistics 21 THRUSH ST 557 m² 4 1 2 $450,000 Nov 2023 87 Days 15 GERBERA AVE 650 m² 3 1 2 $455,000 Nov 2023 67 Days 38 FORSTER ST 827 m² 3 1 2 $568,000 Nov 2023 110 Days 18 KALINGA ST 375 m² 4 2 4 $612,000 Nov 2023 95 Days 21 GARDENIA GR 657 m² 3 1 - $500,000 Nov 2023 52 Days 24 ULLADULLA ST 363 m² 2 1 2 $460,000 Oct 2023 60 Days 18 DUNLOE AVE 655 m² 3 3 4 $667,000 Oct 2023 19 Days 14 ARUNGA AVE 715 m² 3 1 2 $380,000 Oct 2023 N/A 40 DUNLOE AVE 545 m² 3 1 4 $550,000 Oct 2023 38 Days This report has been compiled on 28/11/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
3 PLUME ST 697 m² 2 1 2 $520,000 Oct 2023 21 Days 18 PLUME ST 780 m² 2 1 1 $555,000 Oct 2023 5 Days 15 WENDOVER AVE 948 m² 4 2 2 $580,000 Oct 2023 14 Days 1A TOLSON CRT 266 m² 3 1 1 $380,000 Oct 2023 20 Days 36 PEACOCK AVE 608 m² 2 1 1 $435,000 Oct 2023 32 Days 28 SWALLOW CRES 557 m² 2 1 2 $420,000 Oct 2023 48 Days 20 ZINNIA ST 567 m² 3 1 1 $409,000 Oct 2023 10 Days 497 THOMPSON RD 604 m² 3 1 2 $320,000 Sep 2023 73 Days 45 ROSE AVE 617 m² 3 1 4 $450,000 Sep 2023 34 Days 44 WAITARA GR 610 m² 1 2 2 $508,000 Sep 2023 138 Days 79 FORSTER ST 662 m² 3 1 5 $423,000 Sep 2023 30 Days 18 HOLDSWORTH CRT 254 m² 3 1 1 $475,000 Sep 2023 13 Days This report has been compiled on 28/11/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
NORLANE - Properties For Rent 245 Number of Rentals Based on recorded House rentals within the last 12 months (Oct '22 - Sep '23) Based on a rolling 12 month period and may differ from calendar year statistics Rental Yield +4.0% Current Median Price: $450,000 Based on 119 recorded House sales and 245 House rentals compared over the last 12 months Current Median Rent: $350 Median Rental Price $350 /w Based on 245 recorded House rentals within the last 12 months (Oct '22 - Sep '23) Based on a rolling 12 month period and may differ from calendar year statistics 42 CAMELLIA CRESCENT 760 m² 3 1 1 Nov 2023 1 Day $350 per week 45 BELLBIRD AVENUE 557 m² 2 1 1 Nov 2023 1 Day $380 per week 74 FORSTER STREET 699 m² 3 2 1 Nov 2023 5 Days $420 pw 46A WAITARA GROVE 369 m² 2 2 1 Nov 2023 6 Days $380 79 FORSTER STREET 663 m² 3 1 5 Nov 2023 7 Days $380 pw 20 ZINNIA STREET 567 m² 3 1 1 Nov 2023 8 Days $435 per week 71 ALKIRA AVENUE 628 m² 2 1 1 Nov 2023 8 Days $390 pw 21 NORTH SHORE ROAD 612 m² 3 1 2 Nov 2023 12 Days $370 per week 68 FORSTER STREET 702 m² 3 1 1 Nov 2023 12 Days $420 Per Week This report has been compiled on 28/11/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
14 FLAMINGO COURT 359 m² 3 1 1 Nov 2023 13 Days $360 per week 65 PLUME STREET 697 m² 3 1 2 Nov 2023 13 Days $370.00 per 2/2 CARNATION COURT 141 m² 2 1 1 Nov 2023 13 Days $380 per week 54 CAMELLIA CRESCENT 779 m² 2 1 2 Nov 2023 13 Days $350 Per Week 10 CURLEW CRESCENT 558 m² 3 1 1 Nov 2023 15 Days $360 per week 78 ROSE AVENUE 726 m² 2 1 2 Nov 2023 15 Days $330.00 per 46 ROBIN AVENUE 695 m² 1 1 1 Nov 2023 18 Days $165 per week 26A TALLIS STREET 766 m² 3 1 1 Nov 2023 26 Days $370 per week 95 THE BOULEVARD 625 m² 2 1 1 Oct 2023 28 Days $380 per week 14 ARUNGA AVENUE 715 m² 2 1 2 Oct 2023 29 Days $385 per week 4 BELLBIRD AVENUE 569 m² 2 1 1 Oct 2023 29 Days $350 pw 10 IBIS COURT 565 m² 3 1 1 Oct 2023 29 Days $385 weekly This report has been compiled on 28/11/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.