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Back 1A Lowan Ave
Off Market

1A Lowan Ave

Norlane VIC 3214

2
1
1
308 m²
Unit
Last sold for $468,500
Ali BandariAli Bandari, last sold this property on 26 August 2026 after 42 days on market.

Overview

Affordable Entry into Norlane with Immediate Income

Perfectly positioned in a convenient pocket of Norlane, this well-maintained property presents an outstanding opportunity for investors, first home buyers, or those seeking a low-maintenance home with excellent potential. Offering immediate rental income and strong future prospects, this property is ideal for those looking to enter the market or expand their investment portfolio. Currently leased on a periodic agreement at $360 per week; the home provides a secure income stream from day one, with a recent rental appraisal indicating potential returns of approximately $400 per week. This presents an exciting opportunity for investors to increase their rental return while benefiting from the continued demand for affordable homes in the Norlane market. The property offers a practical and functional layout designed for comfortable living, complemented by a low-maintenance outdoor area that makes it an attractive option for both tenants and owners alike. Located close to local shopping precincts, schools, public transport and offering easy access to Geelong’s CBD, this home combines convenience with strong investment fundamentals. Property Features: - Excellent opportunity to increase rental return - Low-maintenance property ideal for investors - Functional floorplan with comfortable living spaces - Practical kitchen and dining area - Easy-care outdoor space - Strong rental demand location - Close to schools, shops and public transport - Convenient access to Geelong CBD and surrounding amenities - Currently leased on a periodic agreement at $360 per week Due diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist. Disclaimer: All stated dimensions in the content and photos are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
308 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Norlane over the last 12 months, the estimated median property value of 1A Lowan Ave is $415k.

Median value
$415k
Estimated value range
$330k - $468.5k
Median days on market
41
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Norlane. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1A Lowan Ave

2026
Sold
$468,500
26 Aug 2026 by Ali Bandari, of Area Specialist Geelong
2019
Rented
Undisclosed
Leased on 13 Sep 2019 by Hayeswinckle Lara
2017
Sold
$235,000
10 Jan 2017 by Janet Atkins, of Hayeswinckle Newtown

Happy sellers in Norlane

85%
85% of sellers in Norlane reported that their sale price either exceeded or met their price expectations.

Norlane stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Norlane over the last 12 months.

Local market activity for 2 bedroom units in Norlane

In the last 12 months, 7 two-bedroom units similar to 1A Lowan Ave, have been sold.

This represents a 33% decrease in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Norlane

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Ali Bandari

Sellers who recommend Ali Bandari have praised them for being clear communication, local expert, responsive, reliable, honest, empathetic and friendly

  •   5   (110 reviews)
  •  8 Reviews in Norlane
  •  43 Sales in Norlane
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Kade Camilleri

Kade Camilleri is an award winning recommended agent for Norlane.  They have 4 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (269 reviews)
  •  4 Reviews in Norlane
  •  4 Sales in Norlane
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Rachael Taylor

Sellers who recommend Rachael Taylor have praised them for being clear communication, local expert, honest, friendly, supportive, responsive and hard-working

  •   4.9   (213 reviews)
  •  2 Reviews in Norlane
  •  1 Sale in Norlane
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Eric Ly

Eric Ly is a recommended agent for Norlane.  They have 15 local sales and collected 1 local review across the last 12 months.

  •   5   (4 reviews)
  •  1 Review in Norlane
  •  15 Sales in Norlane
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