38 Richardson Street, Thomastown, VIC 3074 | House for sale | OnTheHouse
 
FOR SALE
AUCTION $700,000 - $760,000

38 Richardson Street
Thomastown VIC 3074

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 954m2
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Auction Time
Sat 5 Sep 11:45 am
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Large Allotment with Outstanding Development Potential (STCA)

Set behind a charming brick fence and established mature hedges, this original family home presents an exceptional opportunity for developers, investors and renovators alike. Occupying a generous allotment with exciting future possibilities, the property offers outstanding development potential (STCA), while retaining a solid home ready to be transformed into something truly special.
Brimming with retro character, the residence showcases many original features, including classic carpets, vintage light fittings and charming period details, providing the perfect foundation for an inspired renovation. Whether you're looking to restore its nostalgic appeal, modernise to suit today's lifestyle, or explore the site's future development potential, the possibilities are endless.
The home comprises of three generously sized bedrooms, including a spacious master with built in robes, a central bathroom complete with shower, bathtub and vanity, plus a separate toilet accessed via the large laundry. A practical linen cupboard provides additional storage. The spacious living room is filled with natural light and features a Vulcan gas heater, decorative fireplace mantel and wall mounted air conditioning, creating a comfortable space for everyday living.
At the heart of the home is a solid timber kitchen offering ample bench space, generous cabinetry, an upright stove, dishwasher and a separate meals area, ideal for family living or ready for a contemporary makeover. Outside, the expansive backyard is where the true potential of this property comes to life. With drive through vehicle access to a substantial rear shed, mature fruit trees, plenty of open space and ample off street parking, the allotment provides flexibility for families today and exciting scope for future redevelopment (STCA).
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Material Facts - please refer to the contract of sale and vendor statement for material facts.
Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property.
While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies.
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Property Details for 38 Richardson St, Thomastown

38 Richardson St, Thomastown is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 954m2. The place is currently for sale with Harcourts Rata & Co.

Building Type
House
Land Size
954m2
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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 12,202 properties. Over the last 5 years, Houses in Thomastown have seen a 8.98% increase in median value, while Units have seen a 21.92% increase. As at 31 July 2026:

  • The median value for Houses in Thomastown is $774,005 while the median value for Units is $557,303.
  • Houses have a median rent of $543 while Units have a median rent of $490.
There are currently 72 properties listed for sale, and 41 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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Emilia Faba
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Michael Cetrola
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Harcourts Rata & Co
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