57 Eagle ParadeNorlane VIC 3214
Property Details for 57 Eagle Pde, Norlane
57 Eagle Pde, Norlane is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 889m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 4 bedroom House sold in Norlane in the last 12 months.
Last Listing description (February 2026)
An outstanding opportunity to secure 55 & 57 Eagle Parade, Norlane - a duplex on one title set on a generous approx. 880m allotment, offering immediate rental income with strong future potential.
Both properties are currently tenanted, providing a solid income stream while you plan for the future.
Rental Details:
55 Eagle Parade:
Currently leased with rent increasing to $360 per week from 31 March 2026.
Lease expiry: 30 March 2027
57 Eagle Parade:
Rent increasing to $370 per week from 11 April 2026.
Lease expiry: 11 April 2027
Combined annual income: approximately $37,960.
Each residence comprises:
* Two bedrooms
* Kitchen with meals area
* Bathroom with shower over bath
* Separate toilet
* Laundry
* Side drive for off street parking
This is a fantastic opportunity for investors seeking reliable returns now, with the flexibility to subdivide or redevelop in the future (STCA). Whether you land-bank, develop, or hold as a dual-income asset, the choice is yours - and the rewards are ready to be realised.
Ideally located close to Corio Village Shopping Centre, local schools and shopping strip, bus stops, and with easy access to Melbourne Road, this is a position that continues to grow in demand.
Invest today, reap the rewards tomorrow!
For more information or to arrange a viewing, please contact us today!
Please do not attend inspection if you have cold or flu like symptoms.
Dependent on weather, you may be asked to take your shoes off.
Thank you for your understanding.
https://www.consumer.vic.gov.au/duediligencechecklist
Disclaimer: All information provided has been obtained from sources we believe to be accurate and is provided as a guide only. We cannot guarantee the information is accurate and the Agent, Vendor and supplier accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Property History for 57 Eagle Pde, Norlane, VIC 3214
- 24 Feb 2026Sold for $751,000
- 11 Feb 2026Listed for Sale $660,000
- 27 Feb 2025Listed for Rent $360 / week
Recent sales nearby
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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 5,513 properties. Over the last 5 years, Houses in Norlane have seen a 37.43% increase in median value, while Units have seen a 40.16% increase. As at 31 January 2026:
- The median value for Houses in Norlane is $515,732 while the median value for Units is $452,118.
- Houses have a median rent of $400 while Units have a median rent of $410.
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