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4 Pettitt Crescent, Norlane$530,000
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Soldhouse

4 Pettitt Crescent

Norlane, VIC 3214, Australia
$530,000
2 bed 1 bath 2 car733 m²

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About this property

Positioned on a generous approx. 733m² allotment in a convenient and well-connected pocket of Norlane, 4 Pettitt Crescent presents an exceptional opportunity for investors, developers, and renovators looking to secure a property with genuine upside. Set on a sizeable block, the home offers a practical and functional layout comprising three well-proportioned bedrooms, a central bathroom, and comfortable living spaces that can be enjoyed as-is or enhanced over time. With two-car accommodation and a large backyard, the property provides ample space for families, tenants, or future improvements. Whether you're looking to renovate and add value, extend the existing dwelling, or explore redevelopment potential (STCA), this property offers flexibility to suit a range of strategies. The expansive rear yard is a standout feature, offering plenty of room for future plans while still allowing for outdoor entertaining or additional shedding. With a rental appraisal of $400$410 per week, investors can enjoy immediate returns while planning their next move. Conveniently located close to schools, shopping centres, public transport, and with easy access to major roads, the property ensures strong appeal for tenants and owner-occupiers alike. This is a fantastic chance to secure a large parcel of land in a growing area, with the potential to capitalise on future growth and development opportunities. Features: Approx. 733m² land allotment 3 spacious bedrooms with a central bathroom 2-car accommodation Functional floorplan with scope to update Expansive backyard with development potential (STCA) Rental appraisal: $400$410 per week Convenient location close to schools, shops & transport Ideal for investors, developers, and renovators Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist Disclaimer: All stated dimensions in the content and photos are approximate only. 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
Sold
Bedrooms
2
Bathrooms
1
Parking
2
Land Area
733 m²
Listed
3 months ago

Repayment calculator

$2,569/month
$1,285 /fortnight
Loan $424,000 at 6.10% over 30 years

Upfront costs

Deposit$106,000
Stamp duty$26,870
Conveyancing (est.)$2,000
Total upfront$134,870
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 2-bedroom house in Norlane, VIC 3214 sits within reach of public transport, local shops and nearby schools. It is listed 4% below the $550,000 median of 59 comparable houseswithin 5 km.

Schools near Norlane

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

What's nearby

  • Hopetoun St/Princes Hwy (bus)258 m away
  • Choices Flooring905 m away
  • Waverley Reserve258 m away
  • Unnamed648 m away
  • Deppeler Park754 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 2 bed

Compound growth +1.4% / yr over 4 yrs

$478kcurrent median

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