FOR SALE
$1,800,000 - $1,900,000

44 & 42 Main Street
Thomastown VIC 3074

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1115m2
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Prime investment opportunity in the heart of Thomastown

Discover the perfect dual opportunity in Thomastown at 44 & 42 Main Street. Seize the chance to own not just one, but two prime lots on a bustling main road, with a combined land area of approximately 1121 sqm. This rare double deal is ideal for investors, developers, or those with a vision for transformation. Imagine the possibilities - whether you're looking to renovate into a stunning family retreat or redevelop into modern townhouses or units, the potential here is immense. Thomastown's property market is on the rise, and a property like this - with the advantage of dual lots in a high-growth area - is a savvy investment for the future.
Perfectly positioned on Main Street, this property offers the convenience and vibrancy of Thomastown's growing community. Just a short distance away, you'll find Thomastown Primary School and Thomastown Secondary College, providing excellent options for families with school-aged children. The property is only moments from Thomastown Shopping Centre and the bustling High Street retail strip, where you'll find everything from major retailers to unique local shops, cafes, and dining options. For outdoor lovers, TRAC Thomastown Recreation & Aquatic Centre and the beautiful Thomastown Park are within easy reach, providing the perfect setting for weekend picnics, exercise, and relaxation. Enjoy easy commuting with Thomastown Train Station nearby, connecting you directly to Melbourne's CBD, and multiple bus routes along Main Street for convenient local transit.
With a versatile 1121 sqm on offer, the potential is truly in your hands. Envision a brand-new development that maximizes the land's potential or breathe new life into the existing properties with a renovation that enhances their charm. This rare opportunity at 44 & 42 Main Street won't last long. Secure your place in the thriving Thomastown market today and bring your vision to life!
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Property Details for 44 & 42 Main St, Thomastown

44 & 42 Main St, Thomastown is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1115m2. The place is currently for sale with Ray White Bundoora.

Building Type
House
Land Size
1115m2

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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 11,755 properties. Over the last 5 years, Houses in Thomastown have seen a 19.94% increase in median value, while Units have seen a 24.74% increase. As at 31 October 2024:

  • The median value for Houses in Thomastown is $706,966 while the median value for Units is $500,661.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 55 properties listed for sale, and 36 properties listed for rent in Thomastown on OnTheHouse. According to CoreLogic's data, 391 properties were sold in the past 12 months in Thomastown.

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Sumayyah Cocaj
Tannous Kabalan
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Ray White Bundoora
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