SOLD
RECENT ADVICE
Sold on 27 Aug 2024 for $2,425,000

45 Hutton Street
Thornbury VIC 3071

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 901m2
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Property Details for 45 Hutton St, Thornbury

45 Hutton St, Thornbury is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 901m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 8 bedroom Unit sold in Thornbury in the last 12 months.

Building Type
Unit
Land Size
901m2
Local Government
Darebin
Lot/Plan
2/LP61851

Last Listing description (August 2024)

Rarely seen in such a prominent and well-connected location, here is your chance to secure multiple properties on one title. Positioning itself as an inspired investment, be sure to act fast as opportunities of this magnitude are hard to come by. On offer are four single level units that could be set up to earn a substantial rental income. While some of the dwellings have enjoyed modern upgrades/aesthetics, all dwellings enjoy similar layouts with house-like dimensions. The floorplans reveal two spacious bedrooms serviced by a central bathroom and large laundry, as well as open plan kitchen, dining and living zones. There is also plenty of common space to enjoy the outdoors, along with each having their own access to a single garage with an added car space. The location here is fantastic, walking distance to public transport, local schools, High Street shopping/dining, parklands, and local amenities.

Total land size is 901sqm

Currently returning $94,368 per annum (approx).

Property History for 45 Hutton St, Thornbury, VIC 3071

A timeline of how this property has performed in the market
Last Sold
$2,425,000
27 Aug 2024
  • 27 Aug 2024
    Sold for $2,425,000
  • 26 Apr 2024
    Listed for Sale $2,400,000 - $2,500,000
  • 01 Feb 2019
    Listed for Rent $420 / week
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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 11,339 properties. Over the last 5 years, Houses in Thornbury have seen a 22.13% increase in median value, while Units have seen a 20.95% increase. As at 31 October 2024:

  • The median value for Houses in Thornbury is $1,489,735 while the median value for Units is $684,703.
  • Houses have a median rent of $720 while Units have a median rent of $480.
There are currently 27 properties listed for sale, and 28 properties listed for rent in Thornbury on OnTheHouse. According to CoreLogic's data, 486 properties were sold in the past 12 months in Thornbury.

Suburb Insights for Thornbury 3071

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Woodards Northcote
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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.