Thinking about buying in Norlane? Now could not be a better time, with 5980 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $525,000 with prices in this suburb ranging from $73,000 to $6,160,000. Norlane is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Norlane Real Estate Market Outlook

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.

Houses for sale Norlane

	UNIT 1, 6 ALKIRA AV, NORLANE, VIC, 3214	2	1	1	$285,000 - $310,000
	15 HINTON CL, NORLANE, VIC, 3214	4	1	2	$495,000 - $544,500
	13 SPRUHAN AV, NORLANE, VIC, 3214	3	1
	14 DAREBIN ST, NORLANE, VIC, 3214	3	1	3	$839,000 - $889,000
	7 DARDELL CT, NORLANE, VIC, 3214	3	1	2	$549,000 - $599,000
	42 TALLIS ST, NORLANE, VIC, 3214	4	1	1	$460,000 - $490,000
	4 TULIP ST, NORLANE, VIC, 3214	2	1	2	$479,000 - $524,000
	UNIT 1, 75 BELLBIRD AV, NORLANE, VIC, 3214	3	1	1	$549,000 - $580,000
	UNIT 1, 103-105 COX RD, NORLANE, VIC, 3214	2	1	1	$395,000 - $415,000
	37 SWALLOW CR, NORLANE, VIC, 3214	4	1	2	$400,000 - $440,000
	UNIT 2, 53 SWALLOW CR, NORLANE, VIC, 3214	3	1	2	$385,000 - $420,000
	UNIT 3, 17 KALINGA ST, NORLANE, VIC, 3214	3	1	2	$379,000 - $409,000
	70 ALKIRA AV, NORLANE, VIC, 3214				$459,000 - $499,000
	45 NORTH SHORE RD, NORLANE, VIC, 3214	3	2	1	$540,000 - $580,000
	20 DONNYBROOK RD, NORLANE, VIC, 3214	3	1	1	$430,000 - $445,000
	490 THOMPSON RD, NORLANE, VIC, 3214	2	1	0	$380,000
	534 THOMPSON RD, NORLANE, VIC, 3214	3	2	1	550000
	109 STATION ST, NORLANE, VIC, 3214	0	0	0	550000

---

---

---

---

Internet Speed

Download 25 Mbps / Upload 5 Mbps

---

Nearby Suburbs

---

Public Transport

---

General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!