562 Thompson Road, Norlane, VIC 3214 | House for sale | OnTheHouse
 
FOR SALE

562 Thompson Road
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 97m2
Land area: 604m2
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Classic Charm, 604sqm of Potential & Future Opportunity

Offering space, comfort and future potential, this classic weatherboard home sits on approximately 604sqm, presenting an excellent opportunity for first home buyers, investors or those looking to further develop (STCA).
Featuring three bedrooms, one bathroom, hardwood timber floors and a welcoming undercover entertaining area, the home offers plenty of character and practicality. A double garage provides ample space for vehicles, storage or workshop use.
With the generous allotment offering potential for further development or a granny flat (STCA), there is plenty of scope to add value and maximise returns.
Conveniently located close to local shops, schools and public transport, this is an opportunity worth exploring.
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist

Property Details for 562 Thompson Rd, Norlane

562 Thompson Rd, Norlane is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 604m2 and floor size of 97m2. The place is currently for sale with Harcourts North Geelong.

Building Type
House
Floor Size
97m2
Land Size
604m2
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About Norlane 3214

The size of Norlane is approximately 5.0 square kilometres. There are 10 parks, covering nearly 8.5% of the total area. The population of Norlane in 2016 was 8306 people. By 2021 the population was 8682 showing a population growth of 4.5% 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 2021, 41.40% of the homes in Norlane were owner-occupied compared with 43.40% in 2016.

Norlane has 5,578 properties. Over the last 5 years, Houses in Norlane have seen a 17.15% increase in median value, while Units have seen a 18.13% increase. As at 30 September 2026:

  • The median value for Houses in Norlane is $541,844 while the median value for Units is $445,077.
  • Houses have a median rent of $420 while Units have a median rent of $420.
There are currently 23 properties listed for sale, and 23 properties listed for rent in Norlane on OnTheHouse. According to Cotality's data, 236 properties were sold in the past 12 months in Norlane.

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Eric Ly
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Jorja Hogarty
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Harcourts North Geelong
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