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42 Dunloe Avenue

Norlane VIC 3214

2
1
545 m²
House
Currently for sale - view listing

Overview

Subdivision-Ready Opportunity in Norlane West

Positioned in one of Norlane West's most tightly held pockets, this property presents a compelling opportunity for investors, developers, and forward-thinking buyers looking to capitalise on future growth. Set on approximately 545sqm, the groundwork for subdivision has already been started, offering the ability to complete the remaining services and create two separate titles (STCA). Whether you're ready to develop immediately or prefer to landbank, the flexibility here opens multiple avenues for value creation. With potential changes to negative gearing being widely discussed, opportunities like this may become increasingly attractive for investors seeking to secure assets ahead of any policy shifts. The existing two-bedroom, one-bathroom home provides immediate rental income, allowing you to generate cash flow while finalising plans. It's an ideal setup for those wanting to hold, develop, or stage their investment over time. Conveniently located close to local shops, schools, and public transport, the property is well-positioned to attract strong tenant demand and long-term buyer interest. A versatile and high-potential opportunity in a growth corridor - secure it now and unlock the upside at your pace. Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist

Features

2 bedrooms
1 bathroom
545 m² lot size
House

Happy sellers in Norlane

87%
87% 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 2 bedroom houses in Norlane

In the last 12 months, 63 two-bedroom houses similar to 42 Dunloe Avenue, have been sold.

This represents a 26% decrease in two-bedroom houses sales when compared to the previous 12 months.

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