58 Forster St, Norlane is a 2 bedroom, 1 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom House sold in Norlane in the last 12 months.
Positioned on a prominent corner allotment in a convenient Norlane location, 58 Forster Street presents an outstanding opportunity for renovators, builders, investors and those looking for their next value-add project. Offered for sale via upcoming auction, this original two-bedroom weatherboard home is ready for a complete transformation.
Requiring substantial renovation throughout, the property provides the perfect blank canvas for those with the vision to restore, renovate or explore the possibilities that a corner block can offer (STCA). Whether you're looking to flip, create your ideal investment, or unlock the site's future potential, opportunities like this are becoming increasingly difficult to find.
The existing home comprises two bedrooms and retains its original character, however extensive works will be required, making it ideally suited to buyers seeking a project rather than a move-in-ready home.
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
The size of Norlane is approximately 5.0 square kilometres. There are 10 parks, covering nearly 8.5% of the 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 5,549 properties. Over the last 5 years, Houses in Norlane have seen a 27.28% increase in median value, while Units have seen a 25.35% increase. As at 30 June 2026:
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