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

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18 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: 46 days ago

Overview

This property is part of the newly launched LAINE residential community located in the heart of Norlane, Melbourne's growing northern corridor. Designed with modern living in mind, it offers a turnkey house and land opportunity that delivers strong value and growth potential, ideal for first home buyers, families, and investors seeking quality homes at an affordable price.

The community benefits from a strategic location providing convenient access to Geelong CBD, schools, shopping precincts, and transport links, supporting a lifestyle centered on accessibility and infrastructure growth. Construction milestones show civil works are underway with land titles expected by January 2027 and home construction commencing shortly after, culminating in completion by August 2027, offering buyers certainty around project timing.

The homes are thoughtfully designed with four bedrooms and two bathrooms, accommodating comfortable family living, while competitive pricing and rental appeal make this a sound investment option. The offer of fixed-price contracts with no hidden costs enhances affordability and encourages a straightforward buying process.

Turnkey inclusions ensure the home is move-in ready without unexpected expenses.
The community is part of a growing regional hub with ongoing infrastructure investment promising future value appreciation.
The layout and design focuses on quality and modern livability suited to a broad range of purchasers including owner-occupiers and investors.

Overall, this opportunity stands out as a well-planned and competitively priced entry into Melbourne’s housing market with a transparent, fixed-price pathway and strong future growth indicated by its location and development progress.

Local Market Insights

In Norlane, Quiet Listings observed 44 new houses entering the market over the last 30 days, up from 34 during the previous 30-day period, with an average advertised asking price of $569,543. The property type mix of listed properties is predominantly Houses at 88%, followed by commercial properties (6%), and units (4%). The most active agency for houses in the Norlane area is currently Area Specialist, representing 30% 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.