OFF MARKET

497 Thompson Road
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 117m2
Land area: 604m2
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Property Details for 497 Thompson Rd, Norlane

497 Thompson Rd, Norlane is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 604m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1960
Floor Size
117m2
Land Size
604m2
Local Government
Greater Geelong
Lot/Plan
29/LP30878

Last Listing description (October 2023)

Don't miss this incredible opportunity to secure a property with a generous land size and immense potential for development. Situated on a spacious approx. 603m2 block, this property offers fantastic possibilities to build your dream home or explore development opportunities (STCA).

Conveniently located in an up and coming, family-friendly suburb, you'll enjoy close proximity to shopping precincts, sporting fields, quality schools and the Geelong Ring Road - ensuring an easy commute to Melbourne CBD. The beautiful Geelong Waterfront and CBD are just a short 15-minute drive away, providing endless leisure and entertainment options.

With its large land size and the huge potential for development, this property is a blank canvas awaiting your dream home or project. Don't let this golden opportunity slip away-act now to secure this property and bring your vision to life.

- With your creative vision, this space has the potential to be transformed into something truly remarkable.
- The existing dwelling on the property features three bedrooms, one bathroom, a carport, and a shed.
- With a huge backyard, imagine the possibilities this expansive outdoor space offers for outdoor activities and landscaping.
- Conveniently located in a family-friendly area with close proximity to shopping precincts, sporting fields, quality schools and the Geelong Ring Road for easy commuting.
- An easy 15-minute drive to the beautiful Geelong Waterfront and Geelong CBD and their many leisure, dining and entertainment options.
- You'll love having a bus stop at your doorstep and Cowies Creek Parklands with its beautiful walking tracks is just a hop, skip and a jump down the street.

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Property History for 497 Thompson Rd, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$320,000
26 Sep 2023
Listed for Rent
$195/w
08 Apr 2016
  • 26 Sep 2023
    Sold for $320,000
  • 14 Jul 2023
    Listed for Sale $360,000 - $395,000
  • 14 Jan 2016
    Listed for Rent $225 / week
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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 5,377 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 27 properties listed for sale, and 18 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Norlane.

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