Back 24 Forster Street
Off Market

24 Forster Street

Norlane VIC 3214

3
1
1
831 m²
House
Last sold for $480,000
Max HardwickMax Hardwick, last sold this property on 13 March 2024 after 9 days on market.

Overview

Outstanding Development Opportunity on 831m2 (Approx.)

Set in a convenient location with easy access to all amenities, this expansive 831m2 (approx.) north facing allotment presents an outstanding development opportunity to the savvy purchaser. Situated a short stroll from Labuan Square shopping centre, within walking distance of North Shore Station, an array of community, medical and recreational facilities, newly opened Waterworld Leisure Centre, primary and secondary schools, Moorpanyal Park, Corio Bay, the Spirit of Tasmania Port, with easy access to the highway for travel to Melbourne, or a short 10 minute (approx.) trip to Geelong CBD, this location holds exceptional appeal in terms of lifestyle and accessibility. The home offers comfortable living now, comprising three spacious bedrooms, central bathroom, separate living, adjoining open plan kitchen and dining, rear laundry and separate wc, with extensive shedding, a carport and long driveway for ample off street parking. With the ability to lease the property now, enjoy a return on your investment whilst you lay down your plans for future development. As the northern suburbs continue to grow in popularity for its established amenities, proximity to the city, Waterfront and easy access to Melbourne, now is the time to secure this well located property and reap your future rewards.

Features

3 bedrooms
1 bathroom
1 carspace
831 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 24 Forster Street is $540k.

Median value
$540k
Estimated value range
$340k - $735k
Median days on market
35
Estimated value trend
15%
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 24 Forster Street

2024
Rented
Undisclosed
Leased on 14 Oct 2024 by Buxton Newtown
2024
Sold
$480,000
Private Sale/Treaty on 13 Mar 2024 by Max Hardwick, of Buxton Newtown

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, 117 three-bedroom houses similar to 24 Forster Street, have been sold.

This represents a 11% decrease in three-bedroom houses sales when compared to the previous 12 months.

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