VIC/
Norlane

Suburb Profile

Norlane - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3214

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NORLANE ranks 287th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 22.8% for the past year is higher than average compared to its 51.98% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in NORLANE, the median home price is sitting at $307,000, and the average rent at $255, this suggests property owners could potentially earn a 4.32% increase in gross rental yield.

Property investors have seen a 5.86% gain in NORLANE based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on NORLANE, 3214 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 22.8%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.6% growth over a ten-year period. It ranks 737th on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $307,000 $272,500
GROWTH REPORT
Median Quarterly 5.86% 1.68%
Median 12 month 22.8% 12.37%
Median 3 years 41.47% 21.65%
Median 5 years 51.98% 18.22%
10 years average annual 7.6% 5.46%
Weekly media advert. rent $255 $270
Time on Market 34.3 days 67.3 days
Gross Rental Yield Percent 4.32% 5.15%
demographics (median values)
Total Population
7932
Weekly Household Income
528.6
Household Size
2.20
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Capital Gains Tax (CGT) Calculator

Norlane, VIC
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