1 Spring Street, Thomastown, VIC 3074 | Property Value & History | OnTheHouse
OFF MARKET

1 Spring Street
Thomastown VIC 3074

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 697m2
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Last updated 19 Jan 2026
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Property Details for 1 Spring St, Thomastown

1 Spring St, Thomastown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 697m2 and floor size of 93m2.

Building Type
Unit
Floor Size
93m2
Land Size
697m2
Local Government
Whittlesea
Lot/Plan
13/LP9742

Last Listing description (December 2025)

Projected $100,000 per year rental income

Here is a rare and unique opportunity to purchase a whole block of 4 BRAND-NEW TOWNHOUSES all on one title and perfectly positioned in a very desirable lifestyle location, where everything you need is all within a short proximity.
It's a leisurely stroll to Thomastown train station, bus services, High St shopping, cafes, eateries, local schools, health services, only minutes to Pacific Plaza Epping, Costco and easy access to the M80 Ring Road Network for that extra commuting convenience to the CBD or out to Melbourne Airport.

This superb investment opportunity is ideal for SMSF and offers the astute buyer an instant rent yield/great cash flow.
Sleek, stylish and beautifully appointed, these brand-new townhouses comprise:
Townhouse 1 - Open-plan-living floor plan, modern kitchen with living/meals area, 2 bedrooms with BIRS, master with ensuite and private balcony, stylish bathroom, guest powder room, private courtyard and carport for single vehicle accommodation.
Townhouse 2 - Open-plan-living floor plan, modern kitchen with living/meals area, 2 bedrooms with BIRS, stylish bathroom, guest powder room, private courtyard and carport for single vehicle accommodation.
Townhouse 3 - Open-plan-living floor plan, modern kitchen with living/meals area, 2 bedrooms with BIRS, stylish bathroom, guest powder room, private courtyard and carport for single vehicle accommodation.
Townhouse 4 - Open-plan-living floor plan, modern kitchen, with living/meals area, 2 bedrooms with BIRS, stylish bathroom, guest powder room, private courtyard and carport for single vehicle accommodation.

Property History for 1 Spring St, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Listed for Rent
$280/w
19 Jun 2009
  • 24 Dec 2024
    Listed for Sale Contact Agent
  • 04 Feb 2016
    Listed for Sale ONLY 1 LEFT
  • 17 Nov 2015
    Listed for Sale PRICE BY NEGOTIATION
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About Thomastown 3074

The size of Thomastown is approximately 14.7 square kilometres. It has 23 parks covering nearly 4.0% of 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 12,124 properties. Over the last 5 years, Houses in Thomastown have seen a 23.66% increase in median value, while Units have seen a 25.54% increase. As at 31 December 2025:

  • The median value for Houses in Thomastown is $795,494 while the median value for Units is $539,190.
  • Houses have a median rent of $520 while Units have a median rent of $470.
There are currently 59 properties listed for sale, and 43 properties listed for rent in Thomastown on OnTheHouse. According to Cotality's data, 490 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.