5/27 Thornton Crescent, Mitcham, VIC 3132 | Property Value & History | OnTheHouse
 
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5/27 Thornton Crescent
Mitcham VIC 3132

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5929m2
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Property Details for 5/27 Thornton Cres, Mitcham

Building Type
Commercial
Land Size
5929m2
Local Government
Whitehorse
Lot/Plan
5/PS322929

Last Listing description (December 2021)

POINT OF INTEREST:
Ever considered upgrading your business to one of Melbournes most sought-after industrial pockets? Theres a reason why Thornton Crescent is a rare commodity, and it has a lot to do with its connection to the major arterials like the Eastern Freeway, Eastlink, and Whitehorse Road.

This is an opportunity that ticks every box for your next move youll have your own warehouse with an research and development/tech area, two levels of air-conditioned office space, and a versatile 112 sqm* mezzanine storage area. Theres also a kitchenette, private toilet amenities, a lunchroom, and ample car spaces allocated on site. The wide roadway also provides seamless access for heavy vehicles. A four-minute walk to Mitcham Railway Station, easy access to the 901 bus that connects Frankston to Tullamarine Airport, and 690 metres* from Mitcham Retail Centre.

- 242 sqm* warehouse.
- 194 sqm* two-level office.
- 112 sqm* R&D/tech area.
- Additional mezzanine storage.
- Rear roller door access.
- 8 car spaces on-site.
- 2.61 km* from Eastlink.

POINT OF VIEW:
Immersing yourself amongst one of Melbournes most prominent industrial hubs will have an extraordinary return for your business. This is a pocket that means business and your business will mean more when you upgrade to a generous space that offers plenty.

*Approx.
Pricing excludes GST

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Property History for 5/27 Thornton Cres, Mitcham, VIC 3132

A timeline of how this property has performed in the market
Last Sold
$880,000
23 Aug 2012
Listed for Rent
$1.30k/w
17 Dec 2021
  • 22 Oct 2021
    Listed for Rent - Price not available
  • 23 Aug 2012
    Sold for $880,000
  • 04 Apr 2012
    Listed for Sale 835000
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About Mitcham 3132

The size of Mitcham is approximately 6.6 square kilometres. It has 23 parks covering nearly 10.8% of total area. The population of Mitcham in 2016 was 16148 people. By 2021 the population was 16795 showing a population growth of 4.0% in the area during that time. The predominant age group in Mitcham is 30-39 years. Households in Mitcham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitcham work in a professional occupation.In 2021, 70.90% of the homes in Mitcham were owner-occupied compared with 69.80% in 2016.

Mitcham has 9,353 properties. Over the last 5 years, Houses in Mitcham have seen a 26.84% increase in median value, while Units have seen a 14.98% increase. As at 31 December 2025:

  • The median value for Houses in Mitcham is $1,298,879 while the median value for Units is $818,305.
  • Houses have a median rent of $630 while Units have a median rent of $580.
There are currently 15 properties listed for sale, and 9 properties listed for rent in Mitcham on OnTheHouse. According to Cotality's data, 371 properties were sold in the past 12 months in Mitcham.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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