FOR SALE
AUCTION Sat 12 Oct 2:30pm

11 Arndell Street
Thomastown VIC 3074

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 641m2
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Sat 12 Oct 2:30 pm
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Family Home With Endless Opportunities on a Large 641m2 (approx.)

Welcome to 11 Arndell Street, Lalor; Sitting on 641m2 (approx.) of prime real estate is this well-kept home. Perfectly located just a stone through away from all amenities including station street/ high street shops, Lalor station, reputable primary and secondary schools, and parklands/ reserves.
The potential this home has to offer is second to none! Builders and developers can take advantage of the large size and explore the prospect of redeveloping (STCA), whilst investors can reap in the rewards of high rental yields. Additionally, with a flowing floor plan and well-proportioned rooms, this home is also suited to first home buyers and young families.
This home boast three quality sized bedrooms all of which include B.I.R, service by a central bathroom, large living room, light filled updated kitchen and an intimate dining area. The large backyard area also includes an external water closet, large laundry and a garage.
This is an opportunity not to be missed by developers (STCA), young families and investors looking to add a quality property to their portfolio. Don't hesitate and get in touch today!
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Material Facts - please refer to the contract of sale and vendor statement for any/all material facts.
Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property.
While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies.
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Property Details for 11 Arndell St, Thomastown

11 Arndell St, Thomastown is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 641m2. The place is currently for sale with Harcourts Rata & Co.

Building Type
House
Land Size
641m2

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About Thomastown 3074

The size of Thomastown is approximately 14.7 square kilometres. It has 23 parks covering nearly 4% of total area. The population of Thomastown in 2011 was 20,330 people. By 2016 the population was 20,482 showing a population growth of 0.7% in the area during that time. The predominant age group in Thomastown is 20-29 years. Households in Thomastown are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Thomastown work in a labourer occupation. In 2011, 72.6% of the homes in Thomastown were owner-occupied compared with 68.5% in 2016.

Thomastown has 11,737 properties. Over the last 5 years, Houses in Thomastown have seen a 24.52% increase in median value, while Units have seen a 19.98% increase. As at 31 August 2024:

  • The median value for Houses in Thomastown is $713,278 while the median value for Units is $493,632.
  • Houses have a median rent of $495 while Units have a median rent of $450.
There are currently 62 properties listed for sale, and 33 properties listed for rent in Thomastown on OnTheHouse. According to CoreLogic's data, 377 properties were sold in the past 12 months in Thomastown.

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