Back 547 Thompson Rd
Off Market

547 Thompson Rd

Norlane VIC 3214

3
1
1
651 m²
Other
Last sold for $529,000
Joe GrgicJoe Grgic, last sold this property on 16 July 2026 after 58 days on market.

Overview

Positioned on a generous 651sqm (approx.) allotment, this solid home presents an exciting opportunity for first-home buyers, investors, renovators or developers looking to secure a solid property with outstanding future potential. Comfortable as is and offering immediate liveability (with long-term renters), the home comprises three bedrooms, an updated functional kitchen with ample bench space and adjoining meals area, plus a light-filled living room complete with heating and cooling for year-round comfort. Outside, the expansive backyard provides exceptional scope for future additions, extension potential or possible development opportunities (STCA). A wide driveway with rear access and existing shedding further enhances the practicality and flexibility of the property. Whether you're looking to move in, lease out, or explore development possibilities, the size and position of this allotment make it a smart addition to any portfolio. Conveniently located close to a wide range of amenities including: Bell P

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
651 m² lot size
Other

Estimated Value

Based on this property and similar 3 bedroom other properties sold in Norlane over the last 12 months, the estimated median property value of 547 Thompson Rd is $590k.

Median value
$590k
Estimated value range
$467k - $735k
Median days on market
33
Estimated value trend
12%
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 547 Thompson Rd

2026
Sold
$529,000
Private Sale/Treaty on 16 Jul 2026 by Joe Grgic, of Harcourts North Geelong
2023
Rented
Undisclosed
Leased on 14 Dec 2023 by Hayden Real Estate Geelong
2020
Rented
Undisclosed
Leased on 15 Apr 2020 by Hayden Real Estate 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 other properties in Norlane

In the last 12 months, 16 three-bedroom other properties similar to 547 Thompson Rd, have been sold.

This represents a 6% decrease in three-bedroom other properties sales when compared to the previous 12 months.

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