497 Thompson Road, Norlane, VIC 3214 sold on 26 March 2025 | OnTheHouse
SOLD
Sold on 26 Mar 2025 for $420,000

497 Thompson Road
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Property Details for 497 Thompson Rd, Norlane

497 Thompson Rd, Norlane is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 3 bedroom House sold in Norlane in the last 12 months.

Building Type
House
Year Built
1950
Local Government
Greater Geelong
Lot/Plan
29/LP30878

Last Listing description (October 2023)

Build Your Dream Home on This Expansive Block with Endless Potential

Don't miss this incredible opportunity to secure a property with a generous land size and immense potential for development. Situated on a spacious approx. 603m2 block, this property offers fantastic possibilities to build your dream home or explore development opportunities (STCA).

Conveniently located in an up and coming, family-friendly suburb, you'll enjoy close proximity to shopping precincts, sporting fields, quality schools and the Geelong Ring Road - ensuring an easy commute to Melbourne CBD. The beautiful Geelong Waterfront and CBD are just a short 15-minute drive away, providing endless leisure and entertainment options.


With its large land size and the huge potential for development, this property is a blank canvas awaiting your dream home or project. Don't let this golden opportunity slip away-act now to secure this property and bring your vision to life.

- With your creative vision, this space has the potential to be transformed into something truly remarkable.
- The existing dwelling on the property features three bedrooms, one bathroom, a carport, and a shed.
- With a huge backyard, imagine the possibilities this expansive outdoor space offers for outdoor activities and landscaping.
- Conveniently located in a family-friendly area with close proximity to shopping precincts, sporting fields, quality schools and the Geelong Ring Road for easy commuting.
- An easy 15-minute drive to the beautiful Geelong Waterfront and Geelong CBD and their many leisure, dining and entertainment options.
- You'll love having a bus stop at your doorstep and Cowies Creek Parklands with its beautiful walking tracks is just a hop, skip and a jump down the street.

Property History for 497 Thompson Rd, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$420,000
26 Mar 2025
  • 26 Sep 2023
    Sold - Price Undisclosed
  • 14 Jul 2023
    Listed for Sale $360,000 - $395,000
  • 14 Jan 2016
    Listed for Rent $225 PER WEEK
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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 5,511 properties. Over the last 5 years, Houses in Norlane have seen a 34.45% increase in median value, while Units have seen a 45.74% increase. As at 30 November 2025:

  • The median value for Houses in Norlane is $498,002 while the median value for Units is $456,383.
  • Houses have a median rent of $400 while Units have a median rent of $410.
There are currently 15 properties listed for sale, and 10 properties listed for rent in Norlane on OnTheHouse. According to Cotality's data, 337 properties were sold in the past 12 months in Norlane.

Suburb Insights for Norlane 3214

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
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.