1/575 Thompson RoadNorlane VIC 3214
Property Details for 1/575 Thompson Rd, Norlane
1/575 Thompson Rd, Norlane is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 260m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in November 2016.
Last Listing description (February 2017)
Receiving poor returns on your investments then cast your eyes over this positively geared property. Sparkling Townhouse immaculately kept by this long term tenant and wanting to remain you can set and forget. Comprising two bedrooms both with robes, open plan kitchen ,dining and living areas offering all the necessities, stainless steel appliances, dishwasher, central heating and split system, separate laundry and bathroom and completed by remote single garage.
Low maintenance gardens and located close to public transport and very accessible to local shopping around the corner. If you are a first home buyer or wanting to downsize or looking to invest then you need to look no further.
Property History for 1/575 Thompson Rd, Norlane, VIC 3214
- 22 Nov 2016Sold for $230,000
- 08 Nov 2016Listed for Sale $199,000-$220,000
- 01 May 2012Listed for Rent - Price not available
Recent sales nearby
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0About Norlane 3214
The size of Norlane is approximately 5.0 square kilometres. It has 10 parks covering nearly 8.5% of 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 5,514 properties. Over the last 5 years, Houses in Norlane have seen a 33.63% increase in median value, while Units have seen a 26.16% increase. As at 31 March 2026:
- The median value for Houses in Norlane is $537,137 while the median value for Units is $432,236.
- Houses have a median rent of $410 while Units have a median rent of $420.
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