SOLD
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Sold on 21 Oct 2024 for $416,000

534 Thompson Road
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 604m2
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Property Details for 534 Thompson Rd, Norlane

534 Thompson Rd, Norlane is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 604m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Norlane in the last 12 months.

Building Type
House
Land Size
604m2
Local Government
Greater Geelong
Lot/Plan
423/LP57792

Last Listing description (October 2024)

Set in a highly sought-after pocket of Norlane, this solid home makes for an ideal first home, development opportunity or investment.

Set on a 604m2 (approx) alotment, this beautifully maintained home includes a very flexible floorplan with a formal dining and three large bedrooms, the master with an ensuite and BIRs throughout. The spacious lounge adjoins to the functional kitchen and meals and includes a gas stove. The central bathroom with separate toilet services the remainder of the home. Other features of this property include ceiling fans, Gas log heater, Split system cooling, pergola and a single carport.

Set in a highly sought-after location only moment from the Bell Post Hill Shopping Centre and Corio Village Shopping Centre and walking to distance to schools and public transport. The ideal first home or an investment opportunity. Communting to Melbourne is a breeze with swift access to the Princes Highway.

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Property History for 534 Thompson Rd, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$416,000
21 Oct 2024
  • 07 Oct 2024
    Sold for $416,000
  • 22 Jul 2024
    Listed for Sale $385,000 - $415,000
  • 08 Sep 2023
    Listed for Sale $400,000 - $440,000
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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 5,377 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 19 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 153 properties were sold in the past 12 months in Norlane.

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