576 Thompson Road, Norlane, Vic 3214

$500,000 - $550,000

House
Type
2
Bedrooms
1
Bathrooms
1
Parkings
603 m²
Area

Published on Monday, September 07, 2026 ( See property details for 576 Thompson Road, 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 spacious 603m² block in Norlane, offering excellent renovation, extension, and redevelopment opportunities.

🏡 Property Highlights

  • Large 603m² allotment with redevelopment potential (STCA)
  • Convenient Norlane location close to shopping centres and public transport
  • Solid original home ready for renovation or extension
  • Oversized lock-up garage with workshop and powered multipurpose room
  • Accessible backyard with gated driveway access
  • Potential for subdivision or future redevelopment

✨ Key Features

  • Built-in Robes
  • Air Conditioning
  • Ceiling Fans
  • Garage / Secure Parking
  • Workshop
  • Open-Plan Living
  • Water tank
  • Gas
  • Fully fenced
  • Home Office / Study
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576 Thompson Road
Norlane, VIC 3214
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Vertical aerial view — 576 Thompson Road
576 Thompson Road — Vertical Aerial  •  Norlane, VIC 3214  •  Nearmap © 2026

Norlane is a well-established suburb offering excellent connectivity to Geelong and Melbourne via Princes Highway. It features convenient access to shopping centres like Bell Post and Corio Village, with local schools and public transport nearby. The area combines affordability with future growth potential, making it ideal for investors and families alike. Its accessible location and spacious landholdings provide ample scope for renovation or redevelopment, all within a friendly community setting.

Can I renovate or extend the existing home?
Yes, the property offers excellent scope for renovation or extension, subject to council approval.
Is subdivision or redevelopment possible?
Yes, given the sizeable landholding and zoning, subdivision or redevelopment is possible (STCA) with council consent.
What are the nearby amenities?
The property is close to Bell Post Shopping Centre, Corio Village, local schools, and public transport options.
Is the property suitable for investors?
Absolutely, with its potential for future development and rental income, it is an attractive investment opportunity.
What is the condition of the home?
The home is largely original but comfortable to move into immediately, with potential for modernisation.
Are there any existing planning or zoning restrictions that could affect redevelopment or subdivision plans? Have any recent inspections identified structural issues or repairs needed? Are there any easements, covenants, or other legal restrictions on the land? What are the council requirements and approval processes for extensions or subdivision? Is there any history of flooding or bushfire risk in the area? Are there any upcoming developments or construction projects nearby that could impact the property? What are the ongoing costs associated with the property, including council rates and maintenance? Is the property compliant with all building codes and regulations? Are there any hidden costs or additional expenses related to the property’s renovation potential? What are the terms of the current zoning and are there any restrictions on future use?

576 Thompson Road, Norlane, Vic 3214 - More Details

$500,000 - $550,000

Set on a 603m² (approx) allotment in a convenient Norlane location, this largely original home presents an exciting opportunity for investors, renovators and buyers looking to unlock its future potential.

Comfortable enough to move into immediately, the home offers an excellent foundation for those wanting to modernise, extend or explore future redevelopment possibilities (STCA). A spacious lounge welcomes you with gas heating, air conditioning and a ceiling fan, flowing through to the functional kitchen and meals area with gas cooking and generous storage.

Both bedrooms are well proportioned and include built-in robes, while a central bathroom, separate toilet and dedicated laundry complete the practical layout.

Outside, the backyard provides a genuine blank canvas. Gated driveway access leads to an oversized lock-up single garage with power, lighting and workshop space, along with a powered multipurpose room currently used as a home office. Generous off-street parking also provides flexibility for additional vehicles.

With its sizeable landholding, General Residential Zoning and accessible backyard, the property offers exciting scope to renovate, extend or investigate subdivision and redevelopment options, subject to council approval.

Bell Post Shopping Centre, Corio Village, local schools and public transport are all within easy reach, while nearby access to the Princes Highway provides convenient connections to Geelong and Melbourne.

Move in, renovate or plan for the future, this is an opportunity defined by location, land and potential.

Contact Oliver Metcalfe today to find out more on 0421 445 772.

*All information offered by Lara Real Estate is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Lara Real Estate simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Lara Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information. PHOTO ID MUST BE SHOWN TO ATTEND ALL INSPECTIONS*
Type
House
Bedrooms
2
Bathrooms
1
Parkings
1
Area
603 m²
Study
1

Price guide

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  • Inspection Sat 12 Sep 12:00 pm

    Saturday 12 September
    12:00 pm - 12:30 pm
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