Back 497 Thompson Road
Off Market

497 Thompson Road

Norlane VIC 3214

3
1
2
604 m²
House
Last sold for $420,000
Yan LinYan Lin, last sold this property on 25 March 2025 after 6 days on market.

Overview

Great First Home or Investment Opportunity - 497 Thompson Road, Norlane

Looking for your first home or a savvy investment? 497 Thompson Road, Norlane offers incredible value in a convenient location. This property, with 3 cozy bedrooms, 1 bathroom, and modern updates, is perfect for first-time buyers or investors looking for a solid investment. The home features new flooring throughout the living areas, kitchen, and bedrooms, giving it a fresh, modern feel. The renovated kitchen is a real highlight, complete with a new oven, dishwasher, and plenty of storage – ideal for cooking and entertaining. The living room is conveniently located off the kitchen, creating a welcoming, functional space for family and guests to gather. The property features a spacious laundry room, offering extra space and storage. Additionally, a small sunroom, located just off the laundry, provides a cozy spot to enjoy natural light or serve as additional storage. This sunroom also offers convenient access to the backyard, enhancing the home's functionality. The bathroom remains in its original condition, offering great potential for future updates to suit your personal style. At the rear of the property, you'll find a garage/shed, offering extra storage or workshop space. There’s also side access, providing additional flexibility for parking or future projects. With 2 car spaces for off-street parking, you’ll have convenient, secure parking options. The 604 sqm block offers plenty of space for outdoor activities, gardening, or possible future extensions. Recent updates include newly installed gutters and a rewired electrical panel, ensuring added peace of mind. Located in Norlane, this home is close to schools, shops, public transport, and local amenities, making it an ideal choice for first home buyers or investors. This is an excellent opportunity to secure a move-in-ready home with room to grow. Don’t miss out!

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
604 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 497 Thompson Road is $558k.

Median value
$558k
Estimated value range
$340k - $710k
Median days on market
33
Estimated value trend
16%
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 497 Thompson Road

2025
Sold
$420,000
25 Mar 2025 by Yan Lin, of Hayeswinckle East Geelong
2023
Sold
Undisclosed
27 Sep 2023 by Adrian Butera, of Compton Green Geelong

Happy sellers in Norlane

85%
85% 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 13 reviews in Norlane over the last 12 months.

Local market activity for 3 bedroom houses in Norlane

In the last 12 months, 95 three-bedroom houses similar to 497 Thompson Road, have been sold.

This represents a 24% increase in three-bedroom houses sales when compared to the previous 12 months.

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