15/7 Kentucky Avenue, Norlane VIC 3214
6 beds
5 baths
5 cars
Spachus Insights
View Norlane market
Price position
Below suburb median
41.8% below the current suburb median listing price.
Buyer negotiation signal
Balanced
Median listing and sold prices are currently aligned.
Selling pace
Slower than typical
34 days typical · Property listed 328 days (865% longer).
Property details
Rare Complete Block Of 5 Separately Titled Units
A uniquely rare chance to secure an entire block of five separately titled units in a proven high-demand rental location. Fully leased and returning $1665 per week $86580 gross annual income with fixed term leases through to 2026 this is an ideal portfolio addition offering instant cash flow and long-term upside.
6Bedrooms
5Bathrooms
5Car spaces
ApartmentProperty type
Norlane market
Full suburb reportMedian listing$550,000
Median sold$550,000
Typical selling time34 days
Tracked sold properties97
Property Overview
15/7 Kentucky Avenue, Norlane VIC 3214 is an apartment. It has 6 bedrooms, 5 bathrooms and 5 car spaces. It is currently listed at $320,000. It has been on the market for 328 days. In Norlane, the median listing price is $550,000 and the median sold price is $550,000. Its current asking price is $230,000 (41.8%) below the Norlane median listing price. Properties in Norlane typically sell in around 34 days based on Spachus tracked sales data. It has currently been on the market 294 days longer than the Norlane typical selling time.
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