SOLD
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Sold on 15 May 2024 for $730,000

16 Palm Street
Thomastown VIC 3074

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 648m2
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Property Details for 16 Palm St, Thomastown

16 Palm St, Thomastown is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 648m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Thomastown in the last 12 months.

Building Type
House
Land Size
648m2
Local Government
Whittlesea
Lot/Plan
135/LP13480

Last Listing description (May 2024)

Sitting on a huge 648m2 (approx) is this lovely family home that offers endless opportunities! A prime investment opportunity, first or family home or the opportunity to re-build/ develop can be explored by builders and developers (STCA).

Perfectly located in a central Thomastown location, you will find yourself just moments from Thomastown train station, High St shops, Station St/ May Rd shops, Lalor Plaza, primary and secondary schools, parklands and a short drive to nearby freeway access and major shopping centers. Added benefit is close proximity to Pacific Epping, Northern Hospital, Costco and so much more.

The home itself offers a functional layout including three bedrooms (master with built-in robes), a central family bathroom with a separate bath and shower, an L-shaped lounge and dining area and an adjoining kitchen and meals area.

The outdoors area offers an extensive, manicured backyard perfect for children to play, pets to run around or potential development (STCA) and also includes a garage, carport, shed and multiple off-street parking spaces.

Get in touch today to secure this wonderful opportunity.

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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. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.

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Property History for 16 Palm St, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Sold
$730,000
15 May 2024
Listed for Rent
$520/w
02 Sep 2024
  • 09 Aug 2024
    Listed for Rent $520 / week
  • 15 May 2024
    Sold for $730,000
  • 05 Apr 2024
    Listed for Sale Not Disclosed
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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 11,757 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 58 properties listed for sale, and 35 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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