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Sold on 20 Mar 2024 for $285,000

5 Thomson Street
Lexton VIC 3352

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 5 Thomson St, Lexton

5 Thomson St, Lexton is a 1 bedroom, 1 bathroom House. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom House sold in Lexton in the last 12 months.

Building Type
House

Last Listing description (March 2024)

Explore the subdivision potential of this Lexton house and land allotment, a 2-acre property at 5 Thomson Street. Services are connected to the property include mains power, town water and septic tank which is located on the north side of the home these services allow for a functional property including toilet, shower room & basic kitchen facilities. Zoned for low-density living, the land is divided into four half-acre crown allotments, each with its own road frontage, providing a unique opportunity for development or subdivision, pending council approval. The property sits on one title and is currently occupied.

Ideally situated within walking distance to Lexton township and its amenities, and with a favourable climate and easy access to nearby towns, this property combines convenience with the charm of country living. Perfect for those looking to invest, develop, or create a dream home, Central Lexton House and Land offers endless possibilities for enhancing value through strategic subdivision. Unlock the potential of this land and make your vision a reality.

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Property History for 5 Thomson St, Lexton, VIC 3352

A timeline of how this property has performed in the market
Last Sold
$285,000
20 Mar 2024
  • 20 Mar 2024
    Sold for $285,000
  • 07 Feb 2024
    Listed for Sale $295,000 - $305,000

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About Lexton 3352

The size of Lexton is approximately 141.3 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Lexton in 2011 was 267 people. By 2016 the population was 254 showing a population decline of 4.9% in the area during that time. The predominant age group in Lexton is 60-69 years. Households in Lexton are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Lexton work in a managers occupation. In 2011, 80.4% of the homes in Lexton were owner-occupied compared with 91.3% in 2016..

Lexton has 239 properties. Over the last 5 years, Houses in Lexton have seen a 97.51% increase in median value, while Units have seen a 673.91% increase. As at 30 November 2024:

  • The median value for Houses in Lexton is $372,005 while the median value for Units is $3,185,259.
There are currently 6 properties listed for sale, and no properties listed for rent in Lexton on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Lexton.

Suburb Insights for Lexton 3352

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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.