12 Waterford Avenue
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About this property
Positioned in the highly sought-after Norlane West pocket, this solid brick home presents an outstanding opportunity for first home buyers, investors, and developers alike. Set on a generous 677m² (approx.) allotment with valuable side access, the property offers endless future potential including the option to add a granny flat or further enhance the site (STCA). Comprising three spacious bedrooms, one central bathroom, and ample car accommodation for two vehicles, the home is perfectly suited for comfortable living while offering excellent long-term upside. Currently vacant and move-in ready; investors will also appreciate the strong rental return potential with an estimated rental appraisal of $460 - $480 per week. Conveniently located within walking distance to shopping centres, schools, childcare, public transport, parks, and local sporting facilities, this is truly a location that delivers lifestyle and convenience. Easy access to the Ring Road also provides a seamless commute to Melbourne and surrounding suburbs. Whether you're looking to move straight in, invest, or explore future development opportunities, this is a property packed with potential in one of Geelong's fastest-growing suburbs. Property Features: - 3 spacious bedrooms - 1 central bathroom - 2 car spaces - Solid brick construction - Massive 677m² (approx.) block - Side access with granny flat potential (STCA) - Vacant possession available - Rental appraisal of $460 - $480 per week - Prime Norlane West location - Walking distance to all amenities 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 its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 2
- Land Area
- 671 m²
- Listed
- 1 month ago
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Neighbourhood
Living in Norlane
This 3-bedroom house in Norlane, VIC 3214 sits within reach of public transport, local shops and nearby schools. It is listed 2% above the $614,000 median of 52 comparable houseswithin 5 km.
Schools near Norlane
- Sirius College - Geelong Campuscombined
- St Thomas Aquinas Schoolprimary · Prep-6 · CoEd
What's nearby
- The Boulevard/Thompson Road (bus) — 923 m away
- Woolworths — 172 m away
- Unnamed — 221 m away
- Jamina Reserve — 289 m away
- Fountain of Friendship Park — 388 m away
Norlane at a glance
Full suburb profile- Population
- 8,682
- Median age
- 37
- Household income
- $909/wk
- Median rent
- $250/wk
- Median mortgage
- $1,200/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Norlane price trend
Median sold · House 3 bed
Compound growth +2.7% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Norlane marketThis listing
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Price history
Listing price changes
2 price changes recorded for this property
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