Back 23 Gerbera Avenue
Off Market

23 Gerbera Avenue

Norlane VIC 3214

3
1
2
650 m²
House
Last sold for $635,000
Ali BandariAli Bandari, last sold this property on 29 March 2026 after 20 days on market.

Overview

Solid Investment with Strong Rental Potential

Located in a convenient pocket of Norlane, this well-presented three-bedroom home offers an excellent opportunity for investors, first home buyers, or those looking to secure a property with future potential. Currently tenanted at $450 per week on a periodic lease, the property provides immediate rental income with flexibility for future plans. With a rental appraisal of $500 per week, there is also clear potential to increase returns. Inside, the home features a light-filled lounge, functional kitchen, dedicated dining area, and a spacious rear family room providing additional living space. Three well-sized bedrooms are serviced by a central bathroom and separate laundry. Outside, enjoy a covered alfresco area, secure carport with roller door, and a generous backyard with veggie patch, perfect for outdoor living or future improvements (STCA). Conveniently positioned close to schools, shops, public transport, and only a short drive to the Geelong CBD. Key Features • 3 bedrooms • Multiple living areas • Covered alfresco entertaining • Secure carport with roller door • Large backyard with veggie patch • Currently rented $450/week (periodic) • Rental appraisal: $500/week Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist Disclaimer: All stated dimensions in the content and photos are approximate only. 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

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
650 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Norlane over the last 12 months, the estimated median property value of 23 Gerbera Avenue is $535k.

Median value
$535k
Estimated value range
$340k - $680k
Median days on market
35
Estimated value trend
14%
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 23 Gerbera Avenue

2026
Sold
$635,000
29 Mar 2026 by Ali Bandari, of Area Specialist Geelong City
2023
Rented
Undisclosed
Leased on 23 Jan 2023 by Harcourts North Geelong
2022
Rented
Undisclosed
Leased on 23 Jan 2022 by Harcourts North Geelong

Happy sellers in Norlane

90%
90% 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 13 reviews in Norlane over the last 12 months.

Local market activity for 3 bedroom houses in Norlane

In the last 12 months, 119 three-bedroom houses similar to 23 Gerbera Avenue, have been sold.

This represents a 24% decrease in three-bedroom houses 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

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent