SOLD
Sold on 04 Mar 2024 for $420,000

571 Thompson Road
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 98m2
Land area: 668m2
Sold By
McGrath Geelong (F)
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Property Details for 571 Thompson Rd, Norlane

571 Thompson Rd, Norlane is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 668m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Norlane in the last 12 months.

Building Type
House
Floor Size
98m2
Land Size
668m2
Local Government
Greater Geelong
Lot/Plan
31/LP12364

Last Listing description (June 2024)

The creative and innovative buyer will appreciate the freedom to renovate and transform this property into a stylish home that suits their needs. Take advantage today of this exceptional investment opportunity or ideal first home in a terrific location! Set on a generous allotment of 668m2 (approx.) sits this great three-bedroom home bursting with boundless possibilities.

The existing property in original condition, comprises of three carpeted bedrooms, a lounge that includes a gas heater central bathroom, laundry and a practical kitchen featuring a gas oven with stove top. Outside you will find plenty of room to play and a double-car garage with an adjoining workshop.

This property offers more than just endless potential; it strategically sits you moments away from life's conveniences. Public transport is just a short stroll from the front door, and the Bell Post Hill Shopping Centre and Corio Village Shopping Centre are easily accessible. Thanks to superior Ring Road access, you remain seamlessly connected to both Melbourne and the Geelong CBD. Experience the perfect blend of modern living and convenience in this meticulously renovated home.

- Perfectly packaged on 668m2 (approx.)
- Evaporative Cooling throughout
- Three generously sized bedrooms
- Main bathroom equipped with built-in bath
- Kitchen with ample storage and gas cooktop
- Double car garage with adjoining workshop

Property History for 571 Thompson Rd, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$420,000
04 Mar 2024
  • 04 Mar 2024
    Sold for $420,000
  • 19 Feb 2024
    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 5,371 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, 153 properties were sold in the past 12 months in Norlane.

Suburb Insights for Norlane 3214

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.