A recent, two-storey residence has achieved the best worth ever paid for a unit or townhouse in Norlane.
The four-bedroom residence, which occupies a 313sq m block at 2/104 Robin Avenue, was snapped up for $520,000.
The house, in-built 2018, sits reverse Norlane’s Ibis Reserve parkland and is without doubt one of the largest within the northern suburb.
Harcourts, North Geelong agent Jasmin Jurkovic stated she was to see how it will carry out when it hit the market late final yr, given the opinion many consumers had of the realm.
“The unique purchasers had been from Melbourne they usually had been mainly retiring and going again to Adelaide,” she stated.
Ms Jurkovic stated that they had shortly labored out the realm after buying in 2019, however that they had no issues in any respect.
She stated the consumers had been householders eager to maneuver in.
The home affords three first-floor bedrooms and a retreat, with one other bed room, plus a examine and the principle lounge, kitchen and eating room on the bottom ground.
“They just like the proximity — it’s near every little thing, with the medical centres, the pool and the woman works within the medical facility that’s simply been constructed,” Ms Jurkovic stated.
“It ticks all of the bins and consider it or not, I had lots of people inspecting the property.”
The unique block, which had been cleared, offered for $76,000 in 2014, data present.
The residence beforehand offered in 2019 for $480,000.
“I’m certain all people laughed on the block shopping for it, subdividing it and constructing such an enormous dwelling,” she stated.
“However the unique proprietor lived in it first after which he offered it off.
“It catered for his household and he constructed the unit on the again.”
Norlane’s median unit worth has risen 13 per cent is a yr to $328,000, in accordance with realestate.com.au information.
The median home worth within the suburb is $371,000, 6 per cent larger than this time final yr.