FOR SALE
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7 Acacia Street
Thomastown VIC 3074

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1114m2
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Endless Possibilities Await

For the first time in 65 years, seize the rare opportunity to own a property with 1,114m² of land in the heart of Thomastown. This central location offers endless possibilities for buyers. You can choose to restore the original three-bedroom, one-bathroom home to its former glory with renovations and potentially redevelop the backyard (STCA). Alternatively, you might decide to knock down the existing structure and create a multi-unit site from scratch (STCA) or build your dream home.
The existing property features three distinctive living zones, including a lounge, kitchen meals area, and a rumpus room, providing ample space for a family. Outside, there's a double garage and plenty of room for various uses.
The location is unbeatable, within walking distance to Thomastown Station, Thomastown East Primary School, and bus stops, with easy access to the Ring Road. Properties like this are highly sought after but rarely found, making this an exceptional investment opportunity. Don't miss your chance to secure a prime piece of real estate in a thriving community.
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 7 Acacia St, Thomastown

7 Acacia St, Thomastown is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1114m2. The place is currently for sale with Love Real Estate - Epping.

Building Type
House
Land Size
1114m2

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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 11,810 properties. Over the last 5 years, Houses in Thomastown have seen a 18.47% increase in median value, while Units have seen a 24.18% increase. As at 30 November 2024:

  • The median value for Houses in Thomastown is $707,638 while the median value for Units is $502,265.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 41 properties listed for sale, and 30 properties listed for rent in Thomastown on OnTheHouse. According to CoreLogic's data, 394 properties were sold in the past 12 months in Thomastown.

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Jim Kalakias
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Ibby Zayat
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Love Real Estate - Epping
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