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5 Waverley Street, Norlane, Vic 3214 For Sale
5 Waverley Street, Norlane, Vic 3214 5 Waverley Street, Norlane, Vic 3214-Image 5 Waverley Street, Norlane, Vic 3214-Image 5 Waverley Street, Norlane, Vic 3214-Image 5 Waverley Street, Norlane, Vic 3214-Image 5 Waverley Street, Norlane, Vic 3214-Image 5 Waverley Street, Norlane, Vic 3214-Image 5 Waverley Street, Norlane, Vic 3214-Image 5 Waverley Street, Norlane, Vic 3214-Image 5 Waverley Street, Norlane, Vic 3214-Image 5 Waverley Street, Norlane, Vic 3214-Image 5 Waverley Street, Norlane, Vic 3214-Floorplan

5 Waverley Street, Norlane, Vic 3214

$500,000 - $550,000

House
Type
2
Bedrooms
1
Bathrooms
1
Parkings
732 m²
Area

Published on Thursday, July 23, 2026 ( See property details for 5 Waverley Street, Norlane, Vic 3214)

$500,000 - $550,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 2-bedroom home on a large 732m² block in Norlane, offering excellent development and renovation opportunities in a well-connected location.

🏡 Property Highlights

  • Generous 732m² allotment with development potential (STCA)
  • Versatile property suitable for renovation, extension, or rebuilding
  • Prime location close to shopping centres, schools, and parks
  • Excellent connectivity with easy access to Geelong Ring Road and North Shore Train Station
  • Expansive backyard ideal for future extensions or additional shedding
  • Original residence offering a solid foundation for modernisation

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Workshop
  • Fully fenced
  • Water tank
  • Floorboards
  • Pet-Friendly
  • Secure Parking
  • High energy efficiency
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5 Waverley Street
Norlane, VIC 3214
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Vertical aerial view — 5 Waverley Street
5 Waverley Street — Vertical Aerial  •  Norlane, VIC 3214  •  Nearmap © 2026

Norlane is a growing suburb in Geelong offering excellent connectivity to major transport links, a range of local amenities, parks, and schools. It presents a strong opportunity for investors and families alike, with affordable housing options and future development potential. The area boasts a friendly community atmosphere and convenient access to shopping, dining, and recreational facilities.

What are the development possibilities for this property?
The large 732m² allotment offers scope for extensions, rebuilding, or future subdivision (STCA), making it ideal for developers and investors.
Is the property suitable for renovation?
Yes, the existing residence provides a solid foundation for renovation, allowing you to personalise and modernise the home to your taste.
What amenities are nearby?
The property is conveniently located close to shopping centres, schools, parks, cafes, and public transport options including North Shore Train Station.
Are there any restrictions or approvals needed for redevelopment?
Development and subdivision plans are subject to council approval (STCA). It is recommended to consult with local authorities for specific zoning and planning requirements.
What is the condition of the existing home?
The home is in original condition, offering a blank canvas for renovation or extension to suit your needs.
Are there any zoning restrictions or planning overlays that could affect future development or subdivision plans? Has the property been affected by flooding or bushfire risks in the area? Are there any easements, covenants, or restrictions on the land that could impact redevelopment? What are the current council rates and any additional costs associated with future development? Is there any existing pest or structural damage that requires attention before renovation?

5 Waverley Street, Norlane, Vic 3214 - More Details

$500,000 - $550,000

Perfectly positioned on a generous 732m² (Approx.) allotment, this original residence presents an exciting opportunity for developers, renovators and investors seeking a property with scope to add value in a well-connected Norlane location. Whether you're looking to renovate, extend, rebuild or explore future development opportunities (STCA), this versatile site provides a range of possibilities.
Beyond the existing façade, the home offers a functional layout comprising two well-proportioned bedrooms, a central bathroom and comfortable living spaces ready for transformation. The existing footprint provides an excellent starting point for those looking to modernise, personalise and create a home tailored to their vision.
Outside, the expansive backyard highlights the true appeal of the property, with the generous allotment providing ample space for extensions, additional shedding or future redevelopment (STCA). A rare offering of this scale, the block presents an exciting opportunity to secure a sizeable parcel of land in a growing Geelong location.
Ideally located close to shopping centres, schools, parks and public transport, with easy access to the Geelong Ring Road and North Shore Train Station, the property also enjoys convenient access to local cafés, eateries and everyday amenities. Offering flexibility, land size and future possibilities, 5 Waverley Street is a standout opportunity for those looking to create, invest or develop.
Type
House
Bedrooms
2
Bathrooms
1
Parkings
1
Area
732 m²

Price guide

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