Affordable, Turnkey House & Land Opportunity in Melbourne's Growing North

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19 Cedar Crescent, Norlane VIC 3214

$680,000 - $690,000

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$680k - $714k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths

Listed: 53 days ago

Updated: 46 days ago

Overview

This property offers a remarkable opportunity to enter the Victorian property market with a brand-new house and land package in Melbourne's northern growth corridor. Set in the developing residential community of LAINE in Norlane, this turnkey home balances quality and affordability, making it well suited for first home buyers, investors, and families seeking a modern lifestyle.

The home features four bedrooms and two bathrooms, providing comfortable accommodation for families or those desiring extra space for guests or a home office. The design and construction quality cater to modern living requirements with an emphasis on practical, livable spaces.

LAINE's location ensures convenient access to key amenities including schools, shopping centers, transport links, and the Geelong CBD, positioning residents within a growing hub supported by strong infrastructure investment. The project assures fixed-price certainty and includes turnkey inclusions, eliminating unexpected costs and simplifying the buying process.

Currently, civil construction is underway with land titles expected by January 2027 and home construction commencing shortly after, aiming for completion by August 2027. This timeline offers buyers a well-planned investment and settlement schedule.

Affordable entry into a vibrant growth region
Modern homes designed for comfortable living
Attractive potential for rental return and capital growth
Close proximity to essential services and transport
An ideal acquisition for owner-occupiers and investors

Overall, this opportunity provides a strategic entry into a flourishing area with a home delivering both lifestyle value and long-term growth potential in Melbourne's expanding north.

Local Market Insights

In Norlane, Quiet Listings observed 46 new houses entering the market over the last 30 days, up from 35 during the previous 30-day period, with an average advertised asking price of $568,171. The property type mix of listed properties is predominantly Houses at 89%, followed by commercial properties (6%), and units (4%). The most active agency for houses in the Norlane area is currently Area Specialist, representing 28% of new listings, followed by Harcourts with 17%. 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.