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7 Tulip Street

Norlane, VIC 3214, Australia
$520,000
2 bed 1 bath 8 car634m²

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Area Price Guide
$488,800$551,200

Indicative price guide range

🏘️
69
Comparable
📊
$570,000
Area median
⚖️
-9%
vs median
📐
$820
Per m²
📏
634 m²
Land
🗓️
1 week ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Set on a generous 634m² (approx.) allotment in a well-connected Norlane location, this charming home offers immediate comfort with exciting potential to further enhance, extend or develop (STCA), making it an outstanding opportunity for first home buyers, investors and developers alike. The home itself is neat and well maintained having the same owner for almost 50 years. The home features a functional floorplan with a spacious living area that flows through to a central meals area and modern kitchen. The kitchen offers ample bench space and storage, updated appliances with a dishwasher, while large windows invite in plenty of natural light. Comprising two well-proportioned bedrooms plus a separate study area, the home provides flexibility to suit a variety of living arrangements. A central bathroom services the home, while additional features such as 2 RCAC units and 1 split system AC and solar panels add to the overall comfort and efficiency. The home has aluminium windows, an updated electrical switchboard and engineered floating floors over the original hardwood timber. Stepping outside, the depth of the block becomes immediately apparent. With a long driveway leading through to a double tandem carport with remote access to a substantial 4 car garage with workshop space plus additional shedding and a rear paved area ideal for barbeques or entertaining. The site, placement of the home and fencing lend itself to an easy development proposition if that is what your future plans involve. This property is ideal for tradies, hobbyists or those requiring extra storage and secure off-street parking or those with a vision for future value. Positioned close to Northern Bay College, local parks, Corio Village Shopping Centre, North Shore Train Station and with easy access to the Princes Highway, the Spirit of Tasmania Port and Geelong Ring Road. Whether you're looking to move in, invest or explore future development potential, this is a property packed with possibilities in a rapidly growing pocket. 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

    $2,521/month
    $1,260 /fortnight
    Loan $416,000 at 6.10% over 30 years

    Upfront costs

    Deposit$104,000
    Stamp duty$26,270
    Conveyancing (est.)$2,000
    Total upfront$132,270
    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
    2
    Bathrooms
    1
    Parking
    8
    Land Area
    634m²
    Listed
    1 week ago

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