Property value increases in Norlane have tracked just higher than the VIC average of -1.69% over the last 12 months.
Comparing Norlane,3214 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 -9.04% is being offered, which puts this VIC suburb at 494th most discounted overall in Australia.
Over the last year, property investments in Norlane, 3214 have given investors a capital gain of 6.12%. This compares favourably with the 0.10% for VIC as a whole.
Over the longer term, Norlane has seen property prices show investors a 32.88% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Norlane is giving property investors an average Vendor Discount of around -11.64%. This puts suburb at number 3rd in VIC when ranking the most discounted suburbs.
Residents and property investors in Norlane have been waiting around 74.0625 days to sell a property.