A vacant lot ready for your property dreams
Calling all developers and savvy investors, this rare offering on Princes Highway is your chance to capitalise on a central location and a demand for quality homes. Set in the heart of Norlane is this flat and cleared 727sqm block with a 16.8m frontage, perfect for a wide range of development opportunities (STCA). The sky's the limit with this exciting opportunity. You could choose to subdivide the lot and create multiple dwellings (STCA), offering the market an opportunity to indulge in luxurious living close to everything this vibrant region has to offer. The Corio Village, Corio Medical Clinic and Waterworld Leisure Centre are all only moments away and this site is also close to Northern Bay College and a host of other local schools. Both Stead Park and Windsor Park are within easy reach along with the scenic Corio Bay and the Geelong Ring Road which promises a quick commute into the Melbourne CBD.
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
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:
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