SOLD
Sold on 26 Jun 2024 for $1,775,000

72 Commercial Drive
Thomastown VIC 3074

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 555m2
Land area: 992m2
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Property Details for 72 Commercial Dr, Thomastown

Building Type
Commercial
Floor Size
555m2
Land Size
992m2
Local Government
Whittlesea
Lot/Plan
65/LP214149

Last Listing description (February 2008)

When Location Makes A Difference
A rare opportunity has arisen to be able to purchase your own property in the Thomastown area, either as an investment or to occupy with good container access and close to the ring road.
Office Area : 133 sqm (1431 sqft)

Warehouse Area : 422 sqm (4542 sqft)
Total Building Area : 555sqm (5973 sqft)
Approximately
This won't last long!

Property History for 72 Commercial Dr, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Sold
$1,775,000
26 Jun 2024
  • 26 Jun 2024
    Sold for $1,775,000
  • 16 Dec 2011
    Sold for $764,500
  • 20 Feb 2008
    Sold for $575,000
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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 11,683 properties. Over the last 5 years, Houses in Thomastown have seen a 22.17% increase in median value, while Units have seen a 18.10% increase. As at 30 September 2024:

  • The median value for Houses in Thomastown is $712,152 while the median value for Units is $484,137.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 57 properties listed for sale, and 31 properties listed for rent in Thomastown on OnTheHouse. According to CoreLogic's data, 368 properties were sold in the past 12 months in Thomastown.

Suburb Insights for Thomastown 3074

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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.