OFF MARKET

486 Thompson Road
Norlane VIC 3214

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 123m2
Land area: 769m2
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Property Details for 486 Thompson Rd, Norlane

486 Thompson Rd, Norlane is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 769m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last transferred in June 2015.

Building Type
House
Year Built
1960
Floor Size
123m2
Land Size
769m2
Local Government
Greater Geelong
Lot/Plan
399/LP57793

Last Listing description (November 2012)

ATTENTION: SAVVY INVESTORS AND FIRST HOME BUYERS!
WHAT A GREAT STARTING POINT TO INVEST, DEVELOP (STCA) OR MOVE IN. SUPERBLY SITUATED ON A GREAT SIZE ALLOTMENT CLOSE TO SCHOOLS, SHOPPING AND TRANSPORT WHAT MORE COULD YOU WANT? THIS HOME COMPRISES 4 BEDROOMS (TWO WITH BUILT IN ROBES), LOUNGE WITH GAS HEATER AND AIR CONDITIONER, KITCHEN AND MEALS ROOM, BATHROOM AND SEPARATE LAUNDRY. OTHER FEATURES INCLUDE POLISHED FLOOR BOARDS, OFF STREET PARKING AND ENTERTAINING AREA. PLEASE NOTE CURRENTLY TENANTED AT APPROX $14,040 PA. THIS IS AN OPPORTUNITY NOT TO BE MISSED!

Property History for 486 Thompson Rd, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Transferred
05 Jun 2015
Listed for Rent
$240/w
30 Jan 2009
  • 05 Jun 2015
    Transferred
  • 22 Oct 2012
    Sold for $210,000
  • 29 Feb 2012
    Listed for Sale $220,000 - $240,000
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About Norlane 3214

The size of Norlane is approximately 5 square kilometres. It has 10 parks covering nearly 8.5% of total area. The population of Norlane in 2011 was 8,011 people. By 2016 the population was 8,316 showing a population growth of 3.8% in the area during that time. The predominant age group in Norlane is 20-29 years. Households in Norlane are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Norlane work in a labourer occupation. In 2011, 48.4% of the homes in Norlane were owner-occupied compared with 43.4% in 2016.

Norlane has 5,328 properties. Over the last 5 years, Houses in Norlane have seen a 31.43% increase in median value, while Units have seen a 31.23% increase. As at 31 October 2024:

  • The median value for Houses in Norlane is $449,287 while the median value for Units is $394,117.
  • Houses have a median rent of $380 while Units have a median rent of $380.
There are currently 26 properties listed for sale, and 11 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in Norlane.

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