536 Thompson Rd, Norlane is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 604m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 3 bedroom House sold in Norlane in the last 12 months.
Nestled on an expansive 604m2 block (approx.), this impeccably situated residence offers a harmonious blend of comfort and potential. Boasting three generously proportioned bedrooms, a centrally positioned kitchen and bathroom, along with gas heating and split system cooling system.
What truly sets this property apart is its substantial backyard, providing an abundance of space for leisure and the exciting prospect of future redevelopment (STCA). This blank canvas presents a world of possibilities limited only by your imagination. All while being strategically positioned in close proximity to Corio Village, reputable schools and efficient public transport links.
This versatile property appeals to a range of discerning buyers, whether you're a first home buyer looking for a cozy haven or a visionary developer exploring the prospect of transformation, this property is an absolute portfolio essential. Don't miss the chance to be part of this promising opportunity.
- Ready to rent at an expected rental income of $380 p/week
- Expansive 604m? (approx.) allotment with ample space for diverse possibilities
- Presents a versatile canvas for potential redevelopment (STCA)
- Close proximity to Corio Village, hosting a range of retail amenities
- Well-placed near schools, enhancing family-friendly appeal
- Efficient transport connectivity, easy access to the CBD and Melbourne
- Abundant outdoor space, offering potential for creative landscaping
- Equipped with gas heating and split system cooling
- Idyllic opportunity for first home buyers and investors alike
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 37.03% increase in median value, while Units have seen a 26.84% increase. As at 28 February 2026:
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