SOLD
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Sold on 24 May 2024 for $571,000

3/8 Central Avenue
Thomastown VIC 3074

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 3/8 Central Ave, Thomastown

3/8 Central Ave, Thomastown is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Thomastown in the last 12 months.

Building Type
Unit
Local Government
Whittlesea
Lot/Plan
3/PS716247

Last Listing description (May 2024)

Welcome to 3/8 Central Avenue, Thomastown. This delightful property offers comfortable living with modern amenities in a convenient location.

The home comprises 2 bedrooms, with the master featuring an ensuite and both bedrooms boasting built-in robes. Additionally, there's a central bathroom with a vanity, shower, toilet, and an adjoining European laundry, catering to the needs of the entire household.

The heart of the home is its spacious open plan living lounge, kitchen, and meals area, creating a warm and inviting space for relaxation and entertainment. The kitchen is well-equipped with ample bench and cupboard space, along with stainless steel appliances including a dishwasher, oven, gas cooktop, and range hood.

Outside, the low-maintenance yard features a concrete patio with a pergola, ideal for outdoor gatherings, along with garden beds and a shed for additional storage. Parking is made easy with a single car enclosed carport.

Additional features of the property include day and night blinds for privacy and comfort, as well as a split system for climate control.

This property presents an excellent investment opportunity, with the current tenancy in place until January 2025, generating approximately $1,647 per calendar month in rental income.

Conveniently located, the home is situated next door to Mercato Fresh Grocer & Liquor, various cafes, restaurants, and shops, with Woolworths Lalor and Thomastown Train Station also within easy reach.

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Property History for 3/8 Central Ave, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Sold
$571,000
24 May 2024
Listed for Rent
$340/w
28 May 2015
  • 24 May 2024
    Sold for $571,000
  • 21 May 2024
    Sold for $571,000
  • 21 Mar 2024
    Listed for Sale $575,000 - $590,000
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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 11,733 properties. Over the last 5 years, Houses in Thomastown have seen a 24.82% increase in median value, while Units have seen a 19.11% increase. As at 31 July 2024:

  • The median value for Houses in Thomastown is $702,769 while the median value for Units is $488,841.
  • Houses have a median rent of $490 while Units have a median rent of $450.
There are currently 66 properties listed for sale, and 30 properties listed for rent in Thomastown on OnTheHouse. According to CoreLogic's data, 364 properties were sold in the past 12 months in Thomastown.

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