547 Thompson Road, Norlane, Vic 3214

$529,000 - $579,000

House
Type
3
Bedrooms
1
Bathrooms
4
Parkings
651 mΒ²
Area

Published on Tuesday, May 19, 2026 ( See property details for 547 Thompson Road, Norlane, Vic 3214)

$529,000 - $579,000

Joe Grgic Director / Licensed Estate Agent / Residential Sales & Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 3-bedroom home on a large 651sqm block offering immediate livability, development potential, and prime location convenience.

🏑 Property Highlights

  • Generous 651sqm allotment with development potential (STCA)
  • Immediate liveability with existing long-term tenants
  • Expansive backyard suitable for future extensions or development
  • Convenient location close to shopping centres, schools, and amenities
  • Flexible options for move-in, leasing, or development
  • Existing shedding and wide driveway with rear access

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Heating
  • Outdoor Area
  • Garage / Secure Parking
  • Open-Plan Living
  • Waterfront / Views
  • Shed
  • Ensuite
  • Air Conditioning
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547 Thompson Road
Norlane, VIC 3214
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Vertical aerial view β€” 547 Thompson Road
547 Thompson Road — Vertical Aerial  •  Norlane, VIC 3214  •  Nearmap © 2026

Norlane is a rapidly growing suburb offering excellent amenities including shopping centres, schools, parks, and recreational facilities. Its strategic location provides easy access to major roads and transport links, making it ideal for families, investors, and developers. The area boasts a friendly community atmosphere with plenty of green spaces and future growth prospects. With a variety of housing options and ongoing development, Norlane presents a promising opportunity for both lifestyle and investment. Key points include proximity to Northern Bay Campuses, leisure centres, and major transport routes.

What is the current condition of the property and are there any renovation needs?
The property is in a comfortable, liveable condition with an updated kitchen, making it suitable for immediate occupation or leasing, though further renovations could enhance its value.
What are the development possibilities for this property?
The large 651sqm allotment offers scope for extensions, renovations, or potential development (STCA), making it ideal for investors or those looking to build a custom home.
Are there any restrictions or approvals required for future development?
Development would be subject to council approval and compliance with local zoning regulations; interested buyers should consult with the local council for specific requirements.
What are the nearby amenities and transport options?
The property is conveniently located close to shopping centres, schools, parks, bus stops, and major roads including the Ring Road and Highway, providing excellent connectivity.
Is the property suitable for investment or first-home buyers?
Yes, the property offers immediate liveability with long-term rental potential, making it an attractive option for both investors and first-home buyers.
Are there any existing planning or zoning restrictions that could affect future development or extensions? Has the property been inspected for structural issues or pests? Are there any easements, covenants, or encumbrances on the land? What are the council rates and any additional costs associated with the property? Is there any history of flooding or bushfire risk in this area? Are there any upcoming developments or construction projects nearby that could impact the property? What is the condition of the existing shed and driveway? Are there any restrictions on the use of the backyard for future development? Has the property been tested for asbestos or other hazardous materials? Are there any strata or community title considerations if applicable?

547 Thompson Road, Norlane, Vic 3214 - More Details

$529,000 - $579,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
4
Area
651 mΒ²
House Size
15 mΒ²

Price guide

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