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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

547 Thompson Road
Norlane, VIC 3214

$529,000 - $579,000

House 3 beds 1 bath 1 car 651 m²
Listed Date: 19th May 2026
Last Updated: 25th May 2026
Overview

Space, Location, Opportunity

Positioned on a generous 651 square meter allotment, this solid home offers an exciting opportunity for first-home buyers, investors, renovators, or developers seeking a property with outstanding future potential.

The residence is comfortable as is and provides immediate liveability, currently occupied by long-term renters. It features three bedrooms, an updated and functional kitchen with ample bench space, and an adjoining meals area. The light-filled living room is equipped with heating and cooling systems, ensuring year-round comfort.

Outside, the expansive backyard offers exceptional scope for future additions, extensions, or possible development opportunities, subject to council approval. A wide driveway with rear access and existing shedding further enhance the practicality and flexibility of the property.

Whether you are 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.

The property is conveniently located close to a wide range of amenities including Bell Post and Corio Village shopping centres, Northern Bay campuses, bus stops, parkland, and the Leisuretime Centre and Northern Aquatic Centre. It also offers easy access to both the Ring Road and Highway.

This is a value-packed opportunity with plenty of upside in a rapidly growing location.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
547 Thompson Road
Norlane VIC 3214
Measurements
Type Dimensions
Floor Area 15 m²
Market Insights for Norlane VIC 3214
New Listings (last 30 days)
7
Average price
$572,429
Lowest price
$500,000
Highest price
$615,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.