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547 Thompson Road

Norlane, VIC 3214, Australia
$529,000
3 bed 1 bath 4 car651m²

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Area Price Guide
$497,260$560,740

Indicative price guide range

🏘️
76
Comparable
📊
$555,000
Area median
⚖️
-5%
vs median
📐
$813
Per m²
📏
651 m²
Land
🗓️
1 week ago
Listed

Property Insights

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About this property

Positioned in Norlane West on a generous 651sqm allotment (approx.), this solid home presents an exciting opportunity for first-home buyers, investors, renovators or developers looking to secure a solid property with outstanding future potential. Comfortable as is and offering immediate liveability (with long-term renters), the home comprises three bedrooms, an updated functional kitchen with ample bench space and adjoining meals area, plus a light-filled living room complete with heating and cooling for year-round comfort. Outside, the expansive backyard provides exceptional scope for future additions, extension potential or possible development opportunities (STCA). A wide driveway with rear access and existing shedding further enhances the practicality and flexibility of the property. Whether you're looking to move in, lease out, or explore development possibilities, the size and position of this allotment make it a smart addition to any portfolio. Conveniently located close to a wide range of amenities including: Bell Post & Corio Village shopping Centres, Northern Bay Campuses, bus stops, parkland and the Leisuretime Centre & Northern Aquatic Centre plus offeres easy access to both the Ring Road and Highway. A value-packed opportunity with plenty of upside in a rapidly growing location. Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $2,565/month
    $1,282 /fortnight
    Loan $423,200 at 6.10% over 30 years

    Upfront costs

    Deposit$105,800
    Stamp duty$26,810
    Conveyancing (est.)$2,000
    Total upfront$134,610
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    1
    Parking
    4
    Land Area
    651m²
    Listed
    1 week ago

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