10 Mustang Lane, Thomastown, VIC 3074 | Unit for sale | OnTheHouse
 
FOR SALE
PRIVATE SALE $500,000 - $550,000

10 Mustang Lane
Thomastown VIC 3074

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 148m2
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Easy-Care Living Meets Exceptional Location

Perfectly positioned for lifestyle and convenience, this beautifully presented residence offers the ideal opportunity for first-home buyers, downsizers, and investors alike. Enjoy an unbeatable location just 110m (approx.) from High Street Shopping Strip, IGA, Woolworth and both Thomastown and Lalor Train Stations. With Costco, the Northern Hospital, and Pacific Epping Shopping Centre all nearby, every essential is within easy reach.
Perfectly designed to appeal to first-home buyers, young professionals, downsizers, and savvy investors, the home welcomes you with a light filled interior. The open plan living and dining area serves as an inviting central hub, complemented by stylish floorboards and expansive windows.
Year round comfort is guaranteed with split-system heating and cooling. Additionally, the quiet and contemporary layout provides an ideal environment for those working from home or enjoying high-bandwidth entertainment.
The modern kitchen is a standout feature, thoughtfully appointed with sleek stainless steel appliances, generous bench space, and ample storage. It overlooks the dining area and flows effortlessly out to a private, low-maintenance backyard. This outdoor space is perfect for entertaining family and friends, or simply enjoying a quiet morning coffee without the hassle of heavy garden upkeep.
Accommodation comprises two generously sized bedrooms, both fitted with built-in robes to provide plenty of storage and comfortable, peaceful retreats. These bedrooms are perfectly serviced by a well-appointed, modern central bathroom that completes the home's highly practical and functional floorplan.
Currently leased on a fixed-term tenancy expiring on 13/04/2027 and returning approximately $23,988 per annum, offering guaranteed rental income for investors or a secure buy now, move in later' timeline for future owner occupiers.
Important Information:
For details on property due diligence, please visit: consumer.vic.gov.au/duediligencechecklist
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Material Facts: Refer to the Contract of Sale and Vendor Statement for all disclosures.
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Property Details for 10 Mustang Lane, Thomastown

10 Mustang Lane, Thomastown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 148m2. The place is currently for sale with Ray White Thomastown.

Building Type
Unit
Land Size
148m2
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About Thomastown 3074

The size of Thomastown is approximately 14.7 square kilometres. There are 23 parks, covering nearly 4.0% of the total area. The population of Thomastown in 2016 was 20523 people. By 2021 the population was 20234 showing a population decline of 1.4% in the area during that time. The predominant age group in Thomastown is 30-39 years. Households in Thomastown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thomastown work in a trades occupation.In 2021, 67.80% of the homes in Thomastown were owner-occupied compared with 68.50% in 2016.

Thomastown has 12,194 properties. Over the last 5 years, Houses in Thomastown have seen a 7.15% increase in median value, while Units have seen a 20.14% increase. As at 31 August 2026:

  • The median value for Houses in Thomastown is $765,132 while the median value for Units is $552,181.
  • Houses have a median rent of $550 while Units have a median rent of $490.
There are currently 73 properties listed for sale, and 40 properties listed for rent in Thomastown on OnTheHouse. According to Cotality's data, 528 properties were sold in the past 12 months in Thomastown.

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Tan Nguyen
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Tony Alessandrino
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Ray White Thomastown
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