1/33-35 Commercial Drive, Thomastown, VIC 3074 | Property Value & History | OnTheHouse
OFF MARKET

1/33-35 Commercial Drive
Thomastown VIC 3074

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 442m2
Land area: 439m2
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Property Details for 1/33-35 Commercial Dr, Thomastown

Building Type
Commercial
Floor Size
442m2
Land Size
439m2
Local Government
Whittlesea
Lot/Plan
1/SP32984

Last Listing description (July 2015)

Outstanding investment opportunity, situated in the well-established Light Industrial estate and within easy access to the Western Metropolitan Ring Road. High Profile factory with front street exposure, Approx 442 m2. Modern Quality Showroom/Office building with High Clearance Warehousing . Securely leased to established and successful tenant with a 5 Year lease at a rental of $27,643 pa net inclusive of GST, lease commenced April 2013 with a 5 Year Option and Annual Rent Reviews. The tenant has completed an impressive fit out of the building. Zoning IN1Z (INDUSTRIAL 1 ZONE) 10 car spaces. For more information and to arrange an inspection Please call Lars on 0400 204636.

Property History for 1/33-35 Commercial Dr, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Sold
$528,000
01 Jul 2015
Listed for Rent
$460/w
06 Feb 2013
  • 01 Jul 2015
    Sold for $528,000
  • 28 Apr 2015
    Listed for Sale Not Disclosed
  • 09 Aug 2012
    Listed for Rent - Price not available
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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 12,201 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 42 properties listed for rent in Thomastown on OnTheHouse. According to Cotality's data, 533 properties were sold in the past 12 months in Thomastown.

Suburb Insights for Thomastown 3074

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.