SOLD
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Sold on 11 May 2024 for $766,000

5 Larch Street
Thomastown VIC 3074

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 653m2
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Property Details for 5 Larch St, Thomastown

5 Larch St, Thomastown is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 653m2. 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
653m2
Local Government
Whittlesea
Lot/Plan
27/LP13480

Last Listing description (May 2024)

Sitting in a prime Thomastown location and on a large parcel of land measuring 653m2 (approx), is this well-kept family home. Presenting a versatile opportunity, first home buyers and families can enjoy the neat presentation, investors can capitalize on high rental yields and future capital growth, whilst builders/developers can take advantage of the large land size for future re-development (STCA).

The function layout includes three great-sized bedrooms completed with built-in robes and serviced by a central bathroom with a separate bath and shower. The sizeable living room provides a calm space to sit back and relax and kitchen being the heart of the home is filled with abundance of natural light, comprises of a walk-in pantry and adjoins the dining area.

The expansive and well-manicured yard area includes an undercover alfresco, ideal for year round entertaining as well as an enclosed garage and shed.

Additional features of this lovely home include heating, split system cooling and off-street parking spaces.

Perfectly located just a short distance from Station St/ May Rd shops, High Street shops, Thomastown train station, reputable primary and secondary schools, parklands/ reserves and nearby freeway access.

So much more to explore upon inspection, get in touch today to secure this amazing 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 5 Larch St, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Sold
$766,000
11 May 2024
  • 11 May 2024
    Sold for $766,000
  • 12 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 11,752 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 59 properties listed for sale, and 36 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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