58 Forster Street, Norlane, VIC 3214 | House for sale | OnTheHouse
 
FOR SALE
Auction 25th July @10.30am

58 Forster Street
Norlane VIC 3214

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Auction Time
Sat 25 Jul 10:30 am
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No upcoming inspections scheduled.
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Corner Block Opportunity with Endless Potential

Positioned on a prominent corner allotment in a convenient Norlane location, 58 Forster Street presents an outstanding opportunity for renovators, builders, investors and those looking for their next value-add project. Offered for sale via upcoming auction, this original two-bedroom weatherboard home is ready for a complete transformation.
Requiring substantial renovation throughout, the property provides the perfect blank canvas for those with the vision to restore, renovate or explore the possibilities that a corner block can offer (STCA). Whether you're looking to flip, create your ideal investment, or unlock the site's future potential, opportunities like this are becoming increasingly difficult to find.
The existing home comprises two bedrooms and retains its original character, however extensive works will be required, making it ideally suited to buyers seeking a project rather than a move-in-ready home.
Conveniently located close to local shopping centres, schools, public transport and just moments from North Shore Station, the property also offers easy access to the Geelong CBD, Geelong Ring Road and the Spirit of Tasmania terminal, adding further appeal for future occupants and investors alike.
Corner block opportunities with genuine renovation potential are always in demand. Bring your imagination, your toolbox and your vision-this is your chance to secure an affordable project with the potential to reap the rewards.
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 58 Forster St, Norlane

58 Forster St, Norlane is a 2 bedroom, 1 bathroom House with 2 parking spaces. The place is currently for sale with Harcourts North Geelong.

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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 5,548 properties. Over the last 5 years, Houses in Norlane have seen a 27.28% increase in median value, while Units have seen a 25.35% increase. As at 30 June 2026:

  • The median value for Houses in Norlane is $548,824 while the median value for Units is $449,885.
  • Houses have a median rent of $410 while Units have a median rent of $410.
There are currently 20 properties listed for sale, and 16 properties listed for rent in Norlane on OnTheHouse. According to Cotality's data, 282 properties were sold in the past 12 months in Norlane.

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Eric Ly
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Shane King
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Harcourts North Geelong
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