3214, Victoria

Real Estate & Property Information

Price Rank

norlane Suburb Profile & Review

Norlane is a suburb in Geelong's north, close to both Corio Bay and North Shore Beach. It is primarily comprised of weatherboard houses and brick subdivisions built to accommodate Ford factory workers during the 1960s.

Labuan Square is a small, convenient shopping precinct featuring takeaway shops and retail stores. Corio Shopping Centre, which is home to a Coles, Safeway and Kmart, is also a five minute drive away. There are five schools in the area, including the Geelong campus of Isik College and North Shore Primary School.

In the summer, families with children flock to Waterworld, a fun park with an outdoor slide and a large indoor pool. There are also a number of parks and reserves, including Evans Reserve, which has a sports oval and a playground, and Windsor Park, which has a basketball court and a skate park. The train between Geelong and Melbourne'stops at North Shore Station, mere steps away from central Norlane.

norlane Demographic Data

$ 205,000 Median House Price

52 Minutes Average Commute

39 Median Age

8,012 Population

51.57 % Female

48.43 % Male




What this means

The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in norlane, Victoria.

Learn more about data

norlane Demographic Data

The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.

It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.

norlane Median House Prices

  • 2008 $ 149,000
  • 2009 $ 155,000
  • 2010 $ 160,000
  • 2011 $ 190,500
  • 2012 $ 205,000

What this means

Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.

Learn more about data

norlane 5 Year Median House Prices

Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in norlane have performed, and it usually indicates how they will perform in the future.

Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term norlane property price predictions.

norlane Market Property Types

  • 85 % Seperate House
  • 6 % Semi Detached
  • 10 % Flat or Unit
  • 0 % Other Dwelling

What this means

The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.

Learn more about data

norlane Market Property Types

Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.

This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.

norlane Income & Mortgage Stats

  • $ 625 Median Weekly Household Income
  • $ 1,083 Median Monthly Mortgage

What this means

This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in norlane

Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.

Learn more about data

norlane Income & Mortgage Stats

To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%

Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.

norlane Sold Property Prices

norlane Real Estate Experts

In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.

norlane Related Local Blog Posts

What Everybody Is Saying About What Is Memberwise Assignment and What You Must Do

Only the initial two have unexpected facets. We have already employed a few overloaded operators. This is different than assignment because there’s no pre-existing value that might have to be destroyed. Undefined properties aren’t copied. Instance properties with or without the exact same name between source and destination appear to be working too. If you

The End of What Is the New Math

In all instances, students should talk to a counselor for more info on university admission and transfer requirements. In the United States, they begin Grade 1 at the age of 5 or 6. By observing your child many times in various scenarios, the teacher is better able to create a more complete evaluation of your

The Most Forgotten Fact Regarding What Is Rad in Math Uncovered

There’s a appropriate approach to memorize them all. It’s a step-by-step course of action. The procedure of substitution. Schools have to supply RE in line with the core syllabus that was drawn up by the four key churches and specified by the Department. This section of the Study Guide Zone summarizes the most significant education

Brief Article Teaches You the Ins and Outs of Chemistry Chart and What You Should Do Today

Conversion of a metallic oxide to the metal is known as reduction. Whilst polonium may not be the deadliest element per se, it’s probably among the most efficient poisons employed by man. Finally it’s deemed imperfect if cleavage is obtained with difficulty and a few of the planes are hard to distinguish. For example, ICR

The Pitfall of The Mathematics of Music

Mathematics for a subject is huge and with these on-line tutorials, we’ve tried to segregate some significant topics into distinct lectures. It’s determined for the insect in addition to for the star. You might also be eligible if you’re currently enrolled in an accredited 2-year college but has the potential to offer proof of acceptance

Introducing Sequence Mathematics

Sequence Mathematics Options Multiplication It’s more difficult to check whether multiplication stays the exact same. It’s also called arithmetic progression. Modulus arithmetic is done employing the Mod Operator. When it is find the usual ratio. To comprehend the importance of these numbers it’s important to know the basics of the Fibonacci sequence itself. This number

norlane Cafes

  • Michel's PatisserieBell Post Shopping Centrenorlane VIC 321403 5275 0400

norlane Schools

  • St. Thomas Aquinas Primary School51 Plume Streetnorlane VIC 3214(03) 5275 3560Catholic Primary School
  • Northern Bay College P-8 Campus Peacock Av norlane VIC 32141300 348 535State Primary School
  • Northern Bay College P-8 Peacock Campus Peacock Av norlane VIC 32141300 348 535State Secondary College

norlane Childcare

  • Bellnore Drive ELC24 Bellnore Drivenorlane VIC 3214
  • City Learning & Care-Trudy MoritzSparks Roadnorlane VIC 3214
  • Kada Childrens Centre140 Cox Roadnorlane VIC 3214

norlane Kindergarten and Preschools

  • Norlane North Shore Kinder11 Gerbera Avenuenorlane VIC 3214
  • Norlane West Kindergarten39 Peacock Avenuenorlane VIC 3214

norlane Sporting Centres and Clubs

  • NorlaneAnakie Rdnorlane VIC 3214Squash Court
  • Corio Leisuretimenorlane VIC 3214Indoor Sports Venue
  • Windsor Parknorlane VIC 3214Skate Park Facility

Find out How Much your House is Worth in norlane

Request a free market Basic Report for norlane to get a general idea of property prices in your area, or a more specific CMA Report for the property you own.

Download Free Market Report
Share with friendsX