567 Thompson Rd Norlane, VIC 3214

Norlane, Greater Geelong, VIC, 3214

$ 1,395,000

Norlane, Greater Geelong, VIC, 3214
Duplex Investment Property in Norlane, VIC (3.21% Yield) | Aus Investment Properties - Photo 1

Property Images

Duplex Investment Property in Norlane, VIC (3.21% Yield) | Aus Investment Properties - Photo 1
  • Duplex
  • Property Type
  • 3+3
  • Bedrooms
  • 6
  • Bathrooms
  • 2
  • Cars
  • 291

Details

Updated on Jun 22, 2026

Property Type: Duplex
Price: $ 1,395,000
Land Price: $ 580,000
Build Price: $ 815,000
Gross Per Week: $ 860**
Gross Per Annum: $ 44,720
Gross Yield: 3.21%
Capital Growth 12 Months: 23.08%
10Yr Annualised Growth: 8.71%
Vacancy Rate: 1.07%
Property Size: 291 m2
Land Area: 669 m2
Bedrooms: 3+3
Bathrooms: 6
Parking: 2
Title Status: Registered
Property ID: 28386
SKU: 1045
Sold: Jul 09, 2026

Description

This Duplex in Norlane presents a rare opportunity to secure a modern, high-growth investment. Featuring 3 bedrooms, 6 bathrooms and 2 car space/s, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia's fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.

Norlane is an emerging suburb in the Geelong region of Victoria, known for its affordability and development potential. Located just minutes from the Geelong CBD, Norlane offers residents access to public transport, shopping precincts, schools, and local amenities. The suburb has been undergoing gentrification, attracting both families and investors. With infrastructure projects and growing demand for affordable housing, Norlane is becoming a sought-after destination for property investment.

Offering a blend of functionality, style and growth potential, this Duplex in Norlane is designed to perform. Whether for investment or living, it provides lasting value in a competitive market. A property that meets both present and future needs.

Duplex Properties offer a unique investment avenue that combines aesthetic appeal with functional design, in most cases presenting two mirror-image living spaces under one roofline.

This arrangement not only maximizes land use but also provides investors with the opportunity to generate substantial rental income from two separate tenancies.

The mirrored layout ensures equality in living conditions, making each unit an attractive option for prospective tenants.

Duplexes are particularly appealing for their ability to offer substantial living spaces, representing standalone homes, which can significantly enhance the property's market value and attract a wide range of tenants.

Features

  • 900mm Stainless Steel Appliances
  • Stone bench tops to kitchen and vanities
  • Tiled shower base
  • Up to 25 Downlights included
  • 600 x 600mm Porcelain Tiles to wet areas
  • Remotes to Garage Door
  • Timber Look Garage door
  • Tv antenna
  • NBN Provisions
  • Coloured Driveway (up to) 40m2
  • Clothesline
  • 2.7m ceilings
  • Dishwasher
  • Brick over windows
  • Split system to main living area

Floor plans

Duplex Investment Property in Norlane, VIC (3.21% Yield) | Aus Investment Properties - Floor Plan 1

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 567 Thompson Rd Norlane, VIC 3214
City Greater Geelong
State VIC
Postcode 3214
Suburb Norlane
Estate 567 Thompson Rd

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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