Back 66 Yooringa Avenue
Off Market

66 Yooringa Avenue

Norlane VIC 3214

3
1
2
694 m²
House
Last sold for $600,000
Ali BandariAli Bandari, last sold this property on 02 February 2026 after 27 days on market.

Overview

High-Growth Investment with Subdivision & Value-Add Potential (STCA)

Positioned on a generous 694m² allotment, this property presents an exceptional opportunity for investors seeking strong land value, future development potential, and rental upside (STCA). The substantial land size allows for subdivision or dual-occupancy potential, while the double garage at the rear offers scope to be converted into a self-contained granny flat, creating an additional income stream (STCA). The property is currently tenanted at $380 per week, providing immediate holding income, with market conditions indicating a rental potential of approximately $430–$450 per week following future lease renewal or improvements. Located in a high-demand rental pocket close to schools, shopping precincts, public transport, and with easy access to Geelong CBD and the Princes Highway, this is a strategic investment combining cash flow, land content, and long-term capital growth potential. Key Features. Generous 694m² allotment offering subdivision or dual-occupancy potential (STCA) Strong land value with future development upside Currently tenanted at $380 per week providing immediate rental income Rental potential of approx. $430–$450 per week based on current market conditions Double garage at the rear with potential to convert into a granny flat for additional income (STCA) Practical existing dwelling ideal to hold, lease, and plan future improvements Located in a high-demand rental pocket close to schools, shops, public transport Easy access to Geelong CBD and Princes Highway Ideal set-and-forget investment with multiple value-add pathways 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 their correctness. Prospective purchasers are advised to carry out their own investigations.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
694 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 66 Yooringa 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 66 Yooringa Avenue

2026
Sold
$600,000
02 Feb 2026 by Ali Bandari, of Area Specialist Geelong City
2022
Rented
Undisclosed
Leased on 14 Dec 2022 by Wilsons Real Estate Geelong
2022
Sold
$492,000
Private Sale/Treaty on 03 Oct 2022 by Chari Emirzade, of Barry Plant - 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 66 Yooringa Avenue, have been sold.

This represents a 24% decrease in three-bedroom houses sales when compared to the previous 12 months.

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