SOLD
Sold on 09 Apr 2024 for $650,000

46 Spring Street
Thomastown VIC 3074

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 179m2
Land area: 580m2
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Property Details for 46 Spring St, Thomastown

Building Type
Land
Year Built
2022
Floor Size
179m2
Land Size
580m2
Local Government
Whittlesea
Lot/Plan
3/LP52063

Last Listing description (July 2024)

A rare gem in the heart of Thomastown has become available, offering a blank canvas for you to do to as you please (STCA) whilst set in a prized position.

The block of land measures a total of 580m2 with a frontage of 15.68m and width of 31.24m. Also being set on a corner block, the array of opportunities only expands.

For the astute investor, builder or developer, plans and permits are already in place for two sizeable townhouses, each with their own street frontage. They both comprise of three bedrooms, 2 bathrooms, large living areas and lock up garages. All relevant documentation including working drawings, engineering and more are already completed, allowing you to commence construction right away.

Perfectly located just moments from High Street shops, Thomastown train station, Thomastown primary school, Thomastown recreation and aquatic centre, other reputable primary and secondary schools, public transport and a short drive to major shopping centres and nearby freeway access.

An extremely rare opportunity to come by so seize the opportunity now before it is too late! Get in touch for further information and to view the relevant plans/permits.

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Property History for 46 Spring St, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Sold
$650,000
09 Apr 2024
Listed for Rent
$360/w
17 May 2018
  • 09 Apr 2024
    Sold for $650,000
  • 15 Sep 2023
    Listed for Sale $649,000
  • 14 Jun 2022
    Listed for Sale $649,000
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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 11,753 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 57 properties listed for sale, and 36 properties listed for rent in Thomastown on OnTheHouse. According to CoreLogic's data, 390 properties were sold in the past 12 months in Thomastown.

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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.