311 High Street, Thomastown, VIC 3074 | House for sale | OnTheHouse
 
FOR SALE
Auction – ISP: $720,000 to $792,000View Property Price Statement

311 High Street
Thomastown VIC 3074

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 555m2
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Sat 7 Nov 10:15 am
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Central Thomastown Living with So Much Potential

Offering a combination of comfortable family living and significant future potential, 311 High Street presents an increasingly rare opportunity in one of Thomastown's most connected locations. Set on approximately 555sqm and positioned within the Residential Growth Zone – Schedule 1, the property provides scope to enjoy as is, renovate and make your own, or explore future development possibilities.
Inside, the existing home offers a practical three-bedroom floorplan with three generously sized bedrooms, each featuring built-in robes. The central bathroom is particularly functional, with a separate bath and shower, while the spacious laundry adds everyday convenience.
The main living area provides a comfortable place to relax, complemented by a separate dining space that gives the home a clear distinction between living and entertaining. The kitchen offers plenty of room to work with, while timber-look laminate flooring adds a warm, practical finish throughout the main living areas.
Comfort is well catered for with ducted heating, while electric shutters provide additional privacy, security and control over the home's natural light. There is also useful under-house storage, providing an additional place to keep household items out of sight.
Outside, the property offers an established backyard with plenty of room to enjoy, along with an alfresco area suited to outdoor dining and entertaining. A secure garage provides valuable off-street parking, while the rear laneway adds another practical feature to the allotment.
The location is where this property really stands apart. High Street's established shopping strip is right within the surrounding precinct, with cafés, restaurants, supermarkets, everyday services and local businesses all close by. Thomastown Railway Station is also within easy walking distance, providing direct access to Melbourne's wider rail network.
Families are well served by nearby schools including Thomastown Primary School, Thomastown West Primary School and Thomastown Secondary College, while Thomastown Library and Thomastown Recreation & Aquatic Centre are also close by.
For those commuting by car, the Metropolitan Ring Road is readily accessible, connecting you with Melbourne's northern suburbs and beyond, while the Hume Freeway is also within convenient reach.
For the professional, the possibilities extend beyond simply living here. An accountant, GP, consultant or other practitioner could explore the opportunity to operate a private practice from home, subject to the relevant approvals, while benefiting from a location practically on the doorstep of Thomastown's High Street shops, cafés and services. The combination of a residential property with potential for a home-based practice could provide an attractive alternative to paying a premium for separate commercial premises.
Whether you're looking for a well-positioned family home, an opportunity to renovate, or an allotment with future possibilities, 311 High Street combines land, location and Residential Growth Zone potential in a way that is becoming increasingly difficult to find in central Thomastown.
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Property Details for 311 High St, Thomastown

311 High St, Thomastown is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 555m2. The place is currently for sale with Harcourts Rata & Co.

Building Type
House
Land Size
555m2
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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 12,193 properties. Over the last 5 years, Houses in Thomastown have seen a 5.61% increase in median value, while Units have seen a 17.67% increase. As at 30 September 2026:

  • The median value for Houses in Thomastown is $755,140 while the median value for Units is $536,865.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 82 properties listed for sale, and 34 properties listed for rent in Thomastown on OnTheHouse. According to Cotality's data, 529 properties were sold in the past 12 months in Thomastown.

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Kiara Comans
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