2/494 Thompson Road, Norlane, VIC 3214 | Property Value & History | OnTheHouse
 
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2/494 Thompson Road
Norlane VIC 3214

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 208m2
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Last updated 23 Mar 2026
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Property Details for 2/494 Thompson Rd, Norlane

2/494 Thompson Rd, Norlane is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 208m2.

Building Type
Unit
Land Size
208m2
Local Government
Greater Geelong
Lot/Plan
2/PS844819

Last Listing description (April 2025)

Don't miss the opportunity to secure this stylish near new home.

- Two good size bedrooms all with built in robes.
- A combined open plan living inclusive of split system.

- Modern kitchen equipped with stainless steel appliances including dishwasher.
- European laundry.
- Single lock up garage.
- Low maintenance rear yard
The home is excellent throughout and is ideally situated close to shops and public transport.

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Property History for 2/494 Thompson Rd, Norlane, VIC 3214

A timeline of how this property has performed in the market
Listed for Rent
$420/w
19 Mar 2025
  • 19 Mar 2025
    Listed for Rent $420 / week
  • 11 May 2022
    Listed for Rent - Price not available
  • 15 Nov 2021
    Listed for Rent - Price not available
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About 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 5,516 properties. Over the last 5 years, Houses in Norlane have seen a 37.03% increase in median value, while Units have seen a 26.84% increase. As at 28 February 2026:

  • The median value for Houses in Norlane is $528,417 while the median value for Units is $432,259.
  • Houses have a median rent of $400 while Units have a median rent of $410.
There are currently 12 properties listed for sale, and 12 properties listed for rent in Norlane on OnTheHouse. According to Cotality's data, 334 properties were sold in the past 12 months in Norlane.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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