With a capital gain of 17.65% for the last 12 months, Norlane, 3214 has performed for property investments than its average annual 6.20% property growth over the last 5 years.
The five-year average increase in median property values for Norlane,3214 has given property investors a potential capital gain of 27.76% across each of those five years.
At number 382th of VIC’s most discounted properties, Norlane is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Property value increases in Norlane have tracked just higher than the VIC average of 4.90% over the last 12 months.
Property investors looking for a bargain in Norlane should be aiming for at least -6.84% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Norlane the average time real estate has been on the market is 80.72 days.
Property investors should expect to get $250 weekly from the median priced house in this suburb.