With a capital gain of -3.94% for the last 12 months, Norlane, 3214 has performed for property investments than its average annual 8.46% property growth over the last 5 years.
While Norlane,3214 ranked number 618th in VIC for increase in median house value (annualised) increase, it is ranked 40th over the last 5 years.
Property investors looking for a bargain in Norlane should be aiming for at least -9.68% off the asking price, which is the average vendor discount being achieved at the moment.
The VIC suburb of Norlane, 3214 is in the Greater Geelong (C) local government area.
Norlane, 3214 ranked 137th in VIC when comparing growth in median property values or capital gain over the last 12 months. Norlane is one of 2099 in our list for VIC
When looking at the potential capital gains offered to property investors over the last 3 years, Norlane comes in at number 57th in VIC.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Norlane, 3214. Typically our figures indicate that -11.88% is being offered, which puts this VIC suburb at 14th most discounted overall in Australia.
Often selling an investment property can take time, and in Norlane the average time real estate has been on the market is 107.824 days.
Norlane is 53th on a list of best yielding suburbs for rents in VIC with a 5.20% return