Back 12 Waterford Avenue
Off Market

12 Waterford Avenue

Norlane VIC 3214

3
1
2
671 m²
House
Last sold for $625,000
Ali BandariAli Bandari, last sold this property on 09 August 2026 after 74 days on market.

Overview

Prime Norlane West Opportunity on a Massive 677m² Block

Positioned in the highly sought-after Norlane West pocket, this solid brick home presents an outstanding opportunity for first home buyers, investors, and developers alike. Set on a generous 677m² (approx.) allotment with valuable side access, the property offers endless future potential including the option to add a granny flat or further enhance the site (STCA). Comprising three spacious bedrooms, one central bathroom, and ample car accommodation for two vehicles, the home is perfectly suited for comfortable living while offering excellent long-term upside. Currently vacant and move-in ready; investors will also appreciate the strong rental return potential with an estimated rental appraisal of $460 - $480 per week. Conveniently located within walking distance to shopping centres, schools, childcare, public transport, parks, and local sporting facilities, this is truly a location that delivers lifestyle and convenience. Easy access to the Ring Road also provides a seamless commute to Melbourne and surrounding suburbs. Whether you’re looking to move straight in, invest, or explore future development opportunities, this is a property packed with potential in one of Geelong’s fastest-growing suburbs. Property Features: - 3 spacious bedrooms - 1 central bathroom - 2 car spaces - Solid brick construction - Massive 677m² (approx.) block - Side access with granny flat potential (STCA) - Vacant possession available - Rental appraisal of $460 - $480 per week - Prime Norlane West location - Walking distance to all amenities Due diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist. Disclaimer: All stated dimensions in the content and photos are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
671 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Norlane over the last 12 months, the estimated median property value of 12 Waterford Avenue is $562.5k.

Median value
$562.5k
Estimated value range
$340k - $710k
Median days on market
34
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Norlane. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12 Waterford Avenue

2026
Sold
$625,000
09 Aug 2026 by Ali Bandari, of Area Specialist Geelong
2024
Rented
Undisclosed
Leased on 14 Oct 2024 by The Hopkins Group
2023
Sold
$480,000
Private Sale/Treaty on 10 May 2023 by Michael Tricarico, of Gartland

Happy sellers in Norlane

86%
86% of sellers in Norlane reported that their sale price either exceeded or met their price expectations.

Norlane stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Norlane over the last 12 months.

Local market activity for 3 bedroom houses in Norlane

In the last 12 months, 85 three-bedroom houses similar to 12 Waterford Avenue, have been sold.

This represents a 37% increase in three-bedroom houses sales when compared to the previous 12 months.

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