Back 54 Spruhan Ave
Off Market

54 Spruhan Ave

Norlane VIC 3214

2
1
3
1173 m²
House
Last sold for $590,000
David VillarosaDavid Villarosa, last sold this property on 25 March 2026 after 169 days on market.

Overview

Land bank, make bank

Let’s be honest - this one’s not winning any beauty contests but what it lacks in street appeal, it more than makes up for in potential. Sitting proudly (and a little wearily) on a whopping 1,173m² (approx.), this is the kind of block that gets developers and savvy investors grinning from ear to ear. The house? Well, let’s just say it’s “vintage” - perfect if you’re a fan of the 1970s or a contestant on The Block. But the real magic here lies outside: a huge, flat site with dimensions that just scream multi-unit development super site (STCA). With the unit market going from strength to strength, this is your chance to capitalise on a location just 1km from the ocean (yep you read that write) and still affordable for the masses - at least for now. Norlane is back on the radar of investors and becoming the smart money’s next big play. Whether you’re ready to roll up your sleeves or roll in the bulldozers, this one’s all about having vision and those with it reap the rewards. FAQ: No planning overlays such as flooding Not in a designated bushfire prone area Sewer exists across the back boundary (super convenient for developing!) Rates $1,954.05pa No we don't have plans and permits - do things your way without paying more for plans you won't use! Be quick.

Features

2 bedrooms
1 bathroom
3 carspaces
3 garage spaces
1173 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Norlane over the last 12 months, the estimated median property value of 54 Spruhan Ave is $482k.

Median value
$482k
Estimated value range
$325k - $620k
Median days on market
42
Estimated value trend
19%
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 54 Spruhan Ave

2026
Sold
$590,000
25 Mar 2026 by David Villarosa, of Villarosa Real Estate
2021
Sold
$550,000
Private Sale (EOI) on 10 Jul 2021 by Chari Emirzade, of Barry Plant - Geelong
2020
Rented
Undisclosed
Leased on 22 Jan 2020 by fosterfroling Real Estate

Happy sellers in Norlane

90%
90% 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 14 reviews in Norlane over the last 12 months.

Local market activity for 2 bedroom houses in Norlane

In the last 12 months, 64 two-bedroom houses similar to 54 Spruhan Ave, have been sold.

This represents a 28% decrease in two-bedroom houses sales when compared to the previous 12 months.

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