550 Thompson RoadNorlane VIC 3214
Property Details for 550 Thompson Rd, Norlane
550 Thompson Rd, Norlane is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 604m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in September 2011.
Last Listing description (May 2011)
Investor Alert!
With Norlane being the up and coming area for development opportunities, you can't go past this little beauty. This property is just perfect for the investor, developer or first home buyer. Comprising 2 bedrooms, lounge with gas heating, large open plan dining and kitchen featuring a gas stove, as well as an updated bathroom. The rear of the home offers a larger pergola with timber decking, carport and single lock up garage. With a land size of approximately 603sqm, this property is one not to miss.
Property History for 550 Thompson Rd, Norlane, VIC 3214
- 15 Sep 2011Sold for $187,000
- 02 Jun 2011Sold for $187,000
- 06 Feb 2011Listed for Sale $195,000
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 5,511 properties. Over the last 5 years, Houses in Norlane have seen a 36.43% increase in median value, while Units have seen a 45.07% increase. As at 31 December 2025:
- The median value for Houses in Norlane is $507,715 while the median value for Units is $459,799.
- Houses have a median rent of $400 while Units have a median rent of $415.
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