Back 29 Spruhan Avenue
Off Market

29 Spruhan Avenue

Norlane VIC 3214

2
1
2
832 m²
House
Last sold for $505,000
Ali BandariAli Bandari, last sold this property on 07 August 2025 after 163 days on market.

Overview

Exceptional Investment Opportunity on 832sqm

Discover an exceptional investment opportunity with this prime Investement site located at 29 Spruha Ave in Norlane. Spanning a generous 832 m². providing immediate cash flow while you prepare for great Investment. This ensures you can start your investment journey with a solid foundation, allowing for a seamless transition from rental income to development. The location is key, with the property situated close to a range of amenities, including schools, parks, public transport, and shopping centers. This convenience makes it an attractive option for future residents, enhancing its appeal and potential resale value. Don’t miss out on this unique opportunity to invest in a thriving community with significant growth potential. Key Features • Spacious Block: 832 m² lot size. • Current Rental Income: Both properties rented out for immediate cash flow. • Prime Location: Close to schools, parks, public transport, and shopping centers.

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
832 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Norlane over the last 12 months, the estimated median property value of 29 Spruhan Avenue is $484k.

Median value
$484k
Estimated value range
$325k - $620k
Median days on market
40
Estimated value trend
20%
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 29 Spruhan Avenue

2025
Sold
$505,000
07 Aug 2025 by Ali Bandari, of Area Specialist Geelong City
2018
Sold
$425,000
Private Sale/Treaty on 14 Oct 2018 by Chari Emirzade, of Barry Plant - Geelong
2016
Sold
$245,000
Sold Before Auction on 20 Feb 2016 by Ivan Fantela, of 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 14 reviews in Norlane over the last 12 months.

Local market activity for 2 bedroom houses in Norlane

In the last 12 months, 65 two-bedroom houses similar to 29 Spruhan Avenue, have been sold.

This represents a 30% decrease in two-bedroom houses sales when compared to the previous 12 months.

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