576 Thompson Road, Norlane, VIC 3214 | House for sale | OnTheHouse
 
FOR SALE
$500,000 - $550,000

576 Thompson Road
Norlane VIC 3214

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 603m2
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Position, Potential and 603m² of Possibility

Set on a 603m² (approx) allotment in a convenient Norlane location, this largely original home presents an exciting opportunity for investors, renovators and buyers looking to unlock its future potential.
Comfortable enough to move into immediately, the home offers an excellent foundation for those wanting to modernise, extend or explore future redevelopment possibilities (STCA). A spacious lounge welcomes you with gas heating, air conditioning and a ceiling fan, flowing through to the functional kitchen and meals area with gas cooking and generous storage.
Both bedrooms are well proportioned and include built-in robes, while a central bathroom, separate toilet and dedicated laundry complete the practical layout.
Outside, the backyard provides a genuine blank canvas. Gated driveway access leads to an oversized lock-up single garage with power, lighting and workshop space, along with a powered multipurpose room currently used as a home office. Generous off-street parking also provides flexibility for additional vehicles.
With its sizeable landholding, General Residential Zoning and accessible backyard, the property offers exciting scope to renovate, extend or investigate subdivision and redevelopment options, subject to council approval.
Bell Post Shopping Centre, Corio Village, local schools and public transport are all within easy reach, while nearby access to the Princes Highway provides convenient connections to Geelong and Melbourne.
Move in, renovate or plan for the future, this is an opportunity defined by location, land and potential.
Contact Oliver Metcalfe today to find out more on 0421 445 772.
*All information offered by Lara Real Estate is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Lara Real Estate simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Lara Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information. PHOTO ID MUST BE SHOWN TO ATTEND ALL INSPECTIONS*
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Property Details for 576 Thompson Rd, Norlane

576 Thompson Rd, Norlane is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 603m2. The place is currently for sale with Lara Real Estate.

Building Type
House
Land Size
603m2
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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 5,576 properties. Over the last 5 years, Houses in Norlane have seen a 19.67% increase in median value, while Units have seen a 17.86% increase. As at 31 August 2026:

  • The median value for Houses in Norlane is $540,546 while the median value for Units is $435,640.
  • Houses have a median rent of $410 while Units have a median rent of $420.
There are currently 20 properties listed for sale, and 9 properties listed for rent in Norlane on OnTheHouse. According to Cotality's data, 264 properties were sold in the past 12 months in Norlane.

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Oliver Metcalfe
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Abhi Singh
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Lara Real Estate
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