Back 60 Olympic Avenue
Off Market

60 Olympic Avenue

Norlane VIC 3214

3
1
1
657 m²
House
Last sold for $467,500
Ali BandariAli Bandari, last sold this property on 05 August 2025 after 43 days on market.

Overview

Exceptional Renovation/Development Opportunity

Situated on a generous 657m² block, 60 Olympic Avenue, Norlane offers a rare development-ready opportunity with approved plans and permits for three modern townhouses, as well as revocation project for investors to add on their portfolio. Located in a fast-growing pocket of Norlane, this site benefits from easy access to schools, shopping centers, transport links, and the CBD. The approved three-lot subdivision allows for individual titles, enhancing resale flexibility, or long-term rental potential. This is a shovel-ready site with strong investment appeal. Whether you're a developer or investor, this is a smart opportunity to capitalise on Norlane’s continued growth, so don’t miss out on this unique opportunity to invest in a thriving community with significant growth potential. Key Features: - Quiet, family friendly neighborhood - Close proximity to all amenities - Easy access to Freeway - Massive land 657sqm For more Real Estate in Norlane/ Corio contact your No.1 agent Ali Bandari on 0426 842 483. Due diligence checklist:http://www.consumer.vic.gov.au/duediligencechecklist. Disclaimer: All stated dimensions in the content and photos are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee their correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
657 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 60 Olympic Avenue is $535k.

Median value
$535k
Estimated value range
$340k - $680k
Median days on market
35
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 60 Olympic Avenue

2025
Sold
$467,500
05 Aug 2025 by Ali Bandari, of Area Specialist Geelong City
2020
Sold
$350,000
Private Sale/Treaty on 28 Jan 2020 by Chari Emirzade, of Barry Plant - Geelong
2015
Sold
$180,000
Private Sale/Treaty on 06 Jan 2015 by Chari Emirzade, of Barry Plant - Geelong

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, 121 three-bedroom houses similar to 60 Olympic Avenue, have been sold.

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

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