60 Olympic Avenue, Norlane, VIC 3214 sold on 23 July 2025 | OnTheHouse
SOLD
Sold on 23 Jul 2025 for $467,500

60 Olympic Avenue
Norlane VIC 3214

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 657m2
Sold By
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Area Specialist Geelong City
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Property Details for 60 Olympic Ave, Norlane

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.

Building Type
House
Year Built
1950
Floor Size
89m2
Land Size
657m2
Local Government
Greater Geelong
Lot/Plan
143/LP12364

Last Listing description (September 2025)

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.

Property History for 60 Olympic Ave, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$467,500
23 Jul 2025
Listed for Rent
$420/w
09 May 2020
  • 23 Jul 2025
    Sold for $467,500
  • 23 Jun 2025
    Listed for Sale $480,000 - $528,000 Plans Permit 3x Unit Approved
  • 01 May 2020
    Listed for Rent - Price not available
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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 5,511 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.
There are currently 18 properties listed for sale, and 9 properties listed for rent in Norlane on OnTheHouse. According to Cotality's data, 340 properties were sold in the past 12 months in Norlane.

Suburb Insights for Norlane 3214

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.