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48 Wendover Avenue,
Norlane VIC 3214

This property is Off Market

All about Norlane Homes for sale in Norlane


  • The Average property price in this area is $540,585, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 1.38 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Harcourts 50 WENDOVER AV, $399,000 - $438,000 2 Beds - 1 Baths - 2 Parking Within 0.0 km Ray White 46 DONNELLY AV, 459000 2 Beds - 1 Baths - 0 Parking Within 0.1 km Harcourts 13B TALLIS ST, $399,000 - $415,000 3 Beds - 1 Baths - 1 Parking Within 0.2 km Ray White 109 STATION ST, 550000 0 Beds - 0 Baths - 0 Parking Within 0.5 km Harcourts UNIT 1, 53 PRINCES HWY, $409,000 - $449,000 4 Beds - 2 Baths - 2 Parking Within 0.6 km Harcourts 7 MARNOO CT, $479,000 - $519,000 3 Beds - 1 Baths - 2 Parking Within 0.6 km Harcourts 4 TULIP ST, $479,000 - $524,000 2 Beds - 1 Baths - 2 Parking Within 0.7 km Ray White UNIT 2, 57 CAMELLIA CR, 379000 2 Beds - 1 Baths - 1 Parking Within 0.7 km Stockdale&Leggo 134 PRINCES HWY, $429,000 - $455,000 2 Beds - 1 Baths - 4 Parking Within 0.8 km Harcourts 11 NORTH SHORE RD, $470,000 - $500,000 3 Beds - 1 Baths - 1 Parking Within 0.8 km LJ Hooker 5 YALLOAK ST, $390,000-$410,000 2 Beds - 1 Baths - 1 Parking Within 0.9 km OneAgency 34 BELLBIRD AV, $340,000 - $370,000 2 Beds - 1 Baths - 2 Parking Within 1.0 km Harcourts UNIT 1, 61 EAGLE PDE, $399,000 - $438,000 2 Beds - 1 Baths - 1 Parking Within 1.3 km OneAgency 490 THOMPSON RD, $380,000 2 Beds - 1 Baths - 0 Parking Within 1.4 km Harcourts UNIT 1, 501 THOMPSON RD, $549,000 - $599,000 3 Beds - 2 Baths - 2 Parking Within 1.4 km Harcourts 59 DUNLOE AV, $485,000 - $529,000 3 Beds - 1 Baths - 3 Parking Within 1.5 km Harcourts UNIT 1, 103-105 COX RD, $385,000-$405,000 2 Beds - 1 Baths - 1 Parking Within 1.8 km Ray White 10 SHANNAHAN DR, 480000 3 Beds - 1 Baths - 1 Parking Within 1.9 km Ray White 3 MILLBANK CT, 580000 3 Beds - 1 Baths - 3 Parking Within 2.2 km

Recently Sold Properties in this Area

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About Corio - Norlane

With an average age of 32, households expect an average monthly mortgage payment of $1,200 or a weekly rent payment of $258. The average family earns a weekly income of $1,093 with a typical household size of 2.1 and a 91.41% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Norlane due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Norlane leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. High density population in Norlane requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Norlane we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Norlane a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 16%)

Are people healthy?

There are a recorded 4269 asthma sufferers and 1694 people living with diabetes. In addition, 1284 people have a heart/vascular condition and 3874 people live with three or more chronic diseases.

A good place to invest in property?

Corio - Norlane a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

31 / 100

52 / 100

Industry

11 / 100

17 / 100

Population

45 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

00 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Northern Bay P-12 College Matthew Flinders Girls Secondary College
  • North Geelong Secondary College

    North Geelong, VIC, 3215 State 7-12

  • St Francis Xavier School

    Corio, VIC, 3214 Independent Prep-6

  • Holy Family School

    Bell Park, VIC, 3215 Independent Prep-6

  • Covenant College

    Bell Post Hill, VIC, 3215 Independent Prep-12

  • Northern Bay P-12 College

    Corio, VIC, 3214 State Prep-12

  • Nelson Park School

    Bell Park, VIC, 3215 State U


Property Story

48 Wendover Avenue, Norlane, Vic, 3214 is a residential property with 3 bedrooms, 1 bathrooms and 4 Parking spaces. The estimated value of this home is $545,000 while properties of this type typically sell for between $360,000 and $710,000 in this suburb. The estimated distance to the sea is only 1.38km and 0.9KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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