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Back 554 Thompson Road
Off Market

554 Thompson Road

Norlane VIC 3214

3
1
2
604 m²
House
Last sold for $550,000
Matthew RobertsMatthew Roberts, last sold this property on 09 April 2026 after 58 days on market.

Overview

604m² Approx. with STCA Potential

Set on a generous 604m² (approx) allotment in a sought-after Norlane location, this well-maintained three-bedroom home is the perfect set-and-forget investment, delivering immediate income and future potential. Inside, you’ll find polished timber floors, a bright and airy living space, three comfortable bedrooms, and a central bathroom. The functional timber kitchen features gas cooking and a wall oven, complemented by gas heating and air-conditioning for year-round comfort. Outside, the secure rear yard boasts new fencing, a covered verandah, and parking options including a single garage and additional carport – a setup tenants love. Currently leased on a 12-month agreement, the property has the potential to return $410-$420/wk in the current market, providing a reliable income stream in the future. Located within the Northern Bay P–12 College zone, and close to shops, medical centres, public transport, and with easy access to the Princes Highway, this home sits in a high-demand rental area. With a sizeable land holding, it also offers future value-add or development potential (STCA). A rare opportunity to secure a low-maintenance, income-producing asset with strong long-term growth prospects. Video walk through video is available via WhatsApp, please enquire for more details. *All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

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 554 Thompson Road is $535k.

Median value
$535k
Estimated value range
$340k - $680k
Median days on market
36
Estimated value trend
14%
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 554 Thompson Road

2026
Sold
$550,000
09 Apr 2026 by Matthew Roberts, of Hayeswinckle East Geelong
2025
Rented
Undisclosed
Leased on 07 Nov 2025 by Barry Plant Belmont
2023
Sold
$455,000
Private Sale/Treaty on 10 Jun 2023 by Rena Maniatakis, of Hodges Lara

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 3 bedroom houses in Norlane

In the last 12 months, 120 three-bedroom houses similar to 554 Thompson Road, have been sold.

This represents a 22% decrease in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Norlane

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Ali Bandari

Sellers who recommend Ali Bandari have praised them for being clear communication, local expert, responsive, reliable, honest, empathetic and friendly

  •   5   (109 reviews)
  •  8 Reviews in Norlane
  •  45 Sales in Norlane
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Kade Camilleri

Kade Camilleri is an award winning recommended agent for Norlane.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   4.9   (260 reviews)
  •  2 Reviews in Norlane
  •  3 Sales in Norlane
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Matthew Roberts

Sellers who recommend Matthew Roberts have praised them for being clear communication, local expert, pleasant, responsive, reliable, friendly and easy to work with

  •   4.9   (91 reviews)
  •  2 Reviews in Norlane
  •  2 Sales in Norlane
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Yan Lin

Sellers who recommend Yan Lin have praised them for being clear communication, local expert, responsive, friendly, dedicated, supportive and honest

  •   4.9   (503 reviews)
  •  2 Reviews in Norlane
  •  1 Sale in Norlane
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