FOR SALE
1,500,000 - 1,600,000

44&42 Main Street
Thomastown VIC 3074

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 116m2
Land area: 1115m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Investor Opportunity - GIANT CORNER BLOCK ON MAIN STREET, THOMASTOWN

We are priced to sell
We are pleased to present an exceptional investment opportunity in prime real estate. Nestled on Main Street in Thomastown, the trio of properties at 42 and 44 Main Street, Purchase the two front blocks or make offer a significant potential for development.
On Offer:
44 Main Street, Thomastown 3074
42 Main Street, Thomastown 3074
Key Features:
Multiple Properties: This offering includes 42 and 44 Main Street in Thomastown, providing investors with a rare chance to acquire multiple valuable parcels of land centrally located in Thomastown. Close proximity to amenities, schools, and shops enhances the attractiveness of these properties.
Strategic Location: Positioned on Main Street, these properties enjoy excellent visibility and accessibility. Thomastown's thriving community offers a desirable living environment, making these properties highly conducive to potential development.
Versatile Zoning: With a flexible zoning classification, these properties offer diverse development opportunities. Whether you envision commercial spaces, residential units, or a mixed-use complex, the adaptable zoning allows for a wide range of investment possibilities.
Spacious Land: Encompassing a substantial 1115 square meters, the combined properties provide ample space for development projects. This generous land area offers investors the flexibility to explore various development options and optimize their investment potential.
See MoreView Statement of Information

Property Details for 44&42 Main St, Thomastown

44&42 Main St, Thomastown is a 3 bedroom, 1 bathroom House. The property has a land size of 1115m2 and floor size of 116m2. The place is currently for sale with Raine & Horne Glenroy.

Building Type
House
Floor Size
116m2
Land Size
1115m2

Commute Calculator

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 11,738 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 63 properties listed for sale, and 35 properties listed for rent in Thomastown on OnTheHouse. According to CoreLogic's data, 376 properties were sold in the past 12 months in Thomastown.

Thomastown Profile Page

Suburb Insights for Thomastown 3074

Visit Thomastown profile page
Market Insights
Thomastown Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Thomastown Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Thomastown profile page
Contact agent
Cheryl Freshwater
Show contact details
Call agent
Dev Sareen
Show contact details
Call agent
Raine & Horne Glenroy
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED