SOLD
Sold on 15 Nov 2023 for $6,800,000

1 Matisi Street
Thornbury VIC 3071

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8973m2
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Property Details for 1 Matisi St, Thornbury

Building Type
Commercial
Land Size
8973m2
Local Government
Darebin
Lot/Plan
1/PS728352

Last Listing description (November 2020)

A rare opportunity to owner occupy or invest in a brand new off the plan industrial unit within Thornbury's newest premium industrial park.

- Warehouse Area of 147 sqm
- Ideal for Owner Occupier / Investors

- High Clearance Roller Shutter Door
- 8.00 metre Internal Springing Height
- 2 Reserved Car Parks on Title
- Potential Return in Excess of 5.5%
- Prime Thornbury Locality
- Construction Completion Dec-20
- Located only 9 kms from Melbourne's CBD

For further information please contact the Commercial Team.

Property History for 1 Matisi St, Thornbury, VIC 3071

A timeline of how this property has performed in the market
Last Sold
$6,800,000
15 Nov 2023
Listed for Rent
$38k/w
24 Jul 2023
  • 15 Nov 2023
    Sold for $6,800,000
  • 06 Oct 2020
    Listed for Sale $620,000 Ex GST
  • 14 Jun 2018
    Listed for Sale $530,000 Ex GST
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About Thornbury 3071

The size of Thornbury is approximately 5.1 square kilometres. It has 26 parks covering nearly 13.6% of total area. The population of Thornbury in 2011 was 17,433 people. By 2016 the population was 18,543 showing a population growth of 6.4% in the area during that time. The predominant age group in Thornbury is 30-39 years. Households in Thornbury are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornbury work in a professional occupation. In 2011, 56.3% of the homes in Thornbury were owner-occupied compared with 53.6% in 2016.

Thornbury has 11,259 properties. Over the last 5 years, Houses in Thornbury have seen a 22.72% increase in median value, while Units have seen a 12.33% increase. As at 30 September 2024:

  • The median value for Houses in Thornbury is $1,446,064 while the median value for Units is $627,899.
  • Houses have a median rent of $720 while Units have a median rent of $465.
There are currently 34 properties listed for sale, and 25 properties listed for rent in Thornbury on OnTheHouse. According to CoreLogic's data, 469 properties were sold in the past 12 months in Thornbury.

Suburb Insights for Thornbury 3071

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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.