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4 Waterford Avenue, Norlane VIC 3214

$649,000-$709,000

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$649k - $681k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 2 Cars 883 m²

Listed: 2 days ago

Updated: 13 hours ago

Overview

Situated on a generous 882.65 square meter allotment, this three-bedroom home in Norlane offers an exceptional opportunity for a diverse range of buyers. The substantial land size enhances the property's value and presents potential for subdivision, appealing particularly to investors and developers seeking a project with scope for growth (subject to council approval).

The residence itself provides practical and comfortable living spaces designed for everyday functionality. A modernised kitchen equipped with bright white cabinetry and a stylish subway tile splashback acts as a central hub that seamlessly integrates with the dining area, encouraging efficient meal preparation and family gatherings.

Natural light fills the inviting living room, creating a welcoming atmosphere, while bedrooms benefit from built-in wardrobes that maximize storage without compromising space. The central bathroom adds to the home's convenience.

Outdoors, the expansive backyard is a standout feature, featuring lush lawns and mature trees that offer a tranquil setting. The inclusion of a separate studio or storage space further adds versatility to the outdoor area, catering to hobbies or additional utility needs. Practical aspects such as a single garage, side double gates, and extra off-street parking enhance day-to-day convenience.

Located in an established part of Norlane, the property provides easy access to local amenities including schools, shopping options, public transportation, and major road links such as the Geelong Ring Road. This combination of ample land, comfortable living, and location makes 4 Waterford Avenue a noteworthy opportunity for homebuyers seeking room to expand or for those aiming to unlock the potential of the land.

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 90%, followed by units (4%), and commercial properties (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.