Norlane, 3214 ranked 302th in VIC when comparing growth in median property values or capital gain over the last 12 months. Norlane is one of 2098 in our list for VIC
Over the longer term, Norlane has seen property prices show investors a 15.71% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Norlane 3214 should be seeing an average reduction in asking price of around -5.22% . This means that Norlane is holding prices well when compared to other suburbs in VIC.
Property value increases in Norlane have tracked close to the VIC average of 4.26% over the last 12 months.
The five-year average increase in median property values for Norlane,3214 has given property investors a potential capital gain of 8.49% across each of those five years.
The most recent median price for Norlane is $230000, with sellers offering an average of -4.81% off the asking price.
Norlane is 28th on a list of best yielding suburbs for rents in VIC with a 5.65% return