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129 Station Street

Norlane VIC 3214

3
1
2
535 m²
House
Currently for sale - view listing

Overview

Solid bones, strong location & endless potential.

Positioned on a prime corner allotment in the ever-growing pocket of Norlane, this classic solid brick veneer home is the perfect blank canvas for first-home buyers, investors, or weekend renovators looking to secure instant equity with a straightforward cosmetic transformation. Structurally, the home offers fantastic foundations with solid floors, strong brick construction, and roof tiles all appearing to be in great condition - making this the type of renovation opportunity buyers dream of. The layout is comfortable and livable as-is, while still presenting enormous upside for those wanting to modernise and capitalise. Inside, the kitchen offers excellent size and functionality, requiring only a new oven and range hood to bring it to life. The existing gas heater could easily be replaced with a modern split system, while updated windows and cosmetic improvements throughout would dramatically enhance the overall feel and value of the home. The beauty here is the simplicity of the renovation. For the savvy flipper or hands-on buyer, this feels like an ideal 46 week project with the potential to push value comfortably into the mid-to-high $500,000s once updated. Investors will also appreciate the estimated rental return of approximately $430$460 per week, depending on the level of renovation completed. Located within walking distance to the Norlane Railway Station and approximately 40 minutes from Melbourne CBD, the position is outstanding for commuters, tenants, and buyers wanting convenience with long-term growth potential. Features include: - Solid brick veneer construction - Corner block position with excellent street presence - Structurally sound with solid floors and strong bones - Great-sized kitchen ready for an easy update

Features

3 bedrooms
1 bathroom
2 carspaces
535 m² lot size
House

Happy sellers in Norlane

88%
88% 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 15 reviews in Norlane over the last 12 months.

Local market activity for 3 bedroom houses in Norlane

In the last 12 months, 120 three-bedroom houses similar to 129 Station Street, have been sold.

This represents a 27% decrease in three-bedroom houses sales when compared to the previous 12 months.

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