60 Olympic Ave, Norlane is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 657m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom House sold in Norlane in the last 12 months.
Situated on a generous 657m block, 60 Olympic Avenue, Norlane offers a rare development-ready opportunity with approved plans and permits for three modern townhouses, as well as revocation project for investors to add on their portfolio.Located in a fast-growing pocket of Norlane, this site benefits from easy access to schools, shopping centers, transport links, and the CBD. The approved three-lot subdivision allows for individual titles, enhancing resale flexibility, or long-term rental potential.This is a shovel-ready site with strong investment appeal. Whether you're a developer or investor, this is a smart opportunity to capitalise on Norlanes continued growth, so dont miss out on this unique opportunity to invest in a thriving community with significant growth potential.Key Features:- Quiet, family friendly neighborhood- Close proximity to all amenities- Easy access to Freeway- Massive land 657sqmFor more Real Estate in Norlane/ Corio contact your No.1 agent Ali Bandari on 0426 842 483.Due diligence checklist:http://www.consumer.vic.gov.au/duediligencechecklist.Disclaimer: All stated dimensions in the content and photos are approximate only.Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee their correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
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:
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