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38 Forster Street, Norlane$615,000
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For Salehouse

38 Forster Street

Norlane, VIC 3214, Australia
$615,000
3 bed 1 bath827 m²

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About this property

Set on an expansive 827sqm (approx.) block with exciting future potential, this beautifully maintained three-bedroom home offers immediate comfort along with outstanding scope to extend, renovate or explore subdivision possibilities (STCA). Perfectly positioned for families, first-home buyers and savvy investors alike, the home has been updated over time and presents in excellent condition throughout. Inside, you'll find a light-filled living room, a refreshed kitchen with adjoining dining area, three generous bedrooms and a stylishly renovated bathroom. Step outside and the real opportunity begins. The massive backyard provides endless room for kids and pets, while also offering exceptional potential for future development or subdivision (STCA). Conveniently located close to schools, shopping, public transport and easy Ring Road access, this is a property packed with lifestyle, land and long-term upside. Whether you're searching for your first home, a quality investment or your next development opportunity, this is a property that truly caters to every stage of the market. With its well-maintained interiors, expansive backyard and outstanding future potential on 827sqm (approx.), opportunities like this are becoming increasingly rare. Secure the space, enjoy the comfort and unlock the possibilities that await.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Land Area
827 m²
Listed
1 month ago

Repayment calculator

$2,981/month
$1,491 /fortnight
Loan $492,000 at 6.10% over 30 years

Upfront costs

Deposit$123,000
Stamp duty$31,970
Conveyancing (est.)$2,000
Total upfront$156,970
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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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 12% above the $550,000 median of 61 comparable houseswithin 5 km.

Schools near Norlane

  • Sirius College - Geelong Campuscombined
  • St Thomas Aquinas Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed (bus)69 m away
  • Choices Flooring1.3 km away
  • Waverley Reserve288 m away
  • Windsor Park651 m away
  • Unnamed899 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

$540kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Norlane market

Within 5km

Nearby Properties

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