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24 Curlew Crescent, Norlane VIC 3214

Price Guide: $470,000 - $500,000

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$470k - $494k Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 1 Bath 3 Cars 641 m²

Listed: 7th Aug 2026

Updated: 9th Aug 2026

Overview

Situated on a generous 641 square meter parcel, this beautifully maintained white weatherboard residence has been thoughtfully renovated throughout in 2020, offering a blend of classic charm and contemporary updates. Originally designed as a three-bedroom home, it is currently configured with two bedrooms, providing a rare opportunity to easily reinstate the third bedroom with minimal renovations estimated between $8,000 and $10,000. This adaptation not only enhances the home's functionality but may also increase its market value by an estimated $30,000 to $60,000, reflecting its strong investment potential.

The property is currently leased, generating immediate rental income at $360 per week, with a planned increase to $390 per week commencing October 2026. Upon reverting to a three-bedroom layout, rental returns could rise further, estimated between $400 and $430 weekly depending on finishing standards and market conditions, making this an appealing asset for investors seeking reliable cash flow and value-adding prospects.

Positioned within easy walking distance to Norlane train station and approximately 15 minutes to Corio Village Shopping Centre, the location offers excellent connectivity to nearby schools, medical centers, parks, public transport, and the Princes Freeway. This provides convenient access to both Geelong and Melbourne, enhancing lifestyle and commuting options.

Generous 641 sqm allotment ensuring spacious outdoor areas
Beautifully renovated with modern touches preserving character
Flexible floorplan allowing straightforward bedroom reinstatement
Strong potential for value uplift and rental growth
Future subdivision potential (subject to council approval)
Walking proximity to train station and shopping facilities

This property caters to owners seeking comfortably renovated homes with room for expansion, investors looking for stable income with enhancement options, and developers interested in future subdivision possibilities. The combined advantages of immediate income, renovation upside, and development potential make this a distinctive offering in one of the Norlane area's most rapidly evolving and accessible neighborhoods.

Local Market Insights

In Norlane, Quiet Listings observed 45 new houses entering the market over the last 30 days, up from 33 during the previous 30-day period, with an average advertised asking price of $559,153. The property type mix of listed properties is predominantly Houses at 87%, followed by commercial properties (8%), and units (4%). The most active agency for houses in the Norlane area is currently Area Specialist, representing 22% of new listings, followed by Harcourts with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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.