SOLD
Sold on 20 Dec 2023 for $660,000

5/7 Macquarie Drive
Thomastown VIC 3074

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 75m2
Land area: 200m2
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Property Details for 5/7 Macquarie Dr, Thomastown

Building Type
Commercial
Year Built
2008
Floor Size
75m2
Land Size
200m2
Local Government
Whittlesea
Lot/Plan
5/SP35409

Last Listing description (November 2023)

This warehouse is located in a complex in one of Thomastown's most established and in demand industrial estates. Whether its owner occupying or an investment, this may be the premises you are looking for. The building includes a warehouse with a roller shutter door, amenities and on-site parking. Provides quick access to the Metropolitan Ring Road.

Total Building Area: 200 sqm
Approximately

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Property History for 5/7 Macquarie Dr, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Sold
$660,000
20 Dec 2023
  • 20 Dec 2023
    Sold for $660,000
  • 12 Oct 2023
    Listed for Sale $650,000 - $675,000
  • 30 Mar 1993
    Sold for $120,000
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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 11,751 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 60 properties listed for sale, and 35 properties listed for rent in Thomastown on OnTheHouse. According to CoreLogic's data, 388 properties were sold in the past 12 months in Thomastown.

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