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

135 Spring Street
Thomastown VIC 3074

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 544m2
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Property Details for 135 Spring St, Thomastown

135 Spring St, Thomastown is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 544m2. While the property is not currently for sale or for rent, it was last transferred in June 2017.

Building Type
House
Land Size
544m2
Local Government
Whittlesea
Lot/Plan
30/LP81897

Last Listing description (October 2024)

This is it - the rare, high-return investment opportunity you've been waiting for! 133 and 135 Spring Street offer a commanding position on Thomastown's sought-after Main Street, boasting two fully renovated properties on a massive 1,083 sqm block with dual street access. This exceptional property package provides an unmissable chance for substantial rental income and a unique scope for development, ideal for the investor or developer ready to secure a high-growth asset.

Why This Opportunity Stands Out
• Prime Main Street Exposure: Positioned on Thomastown's high-demand Main Street, these properties are surrounded by bustling amenities,

transport, and shopping, giving you immediate access to a robust, tenant-rich market.
• Dual Income Potential, Fully Renovated: Both properties are beautifully updated to maximize rental yield with low maintenance. The dual income
potential provides a powerful revenue stream from day one.
• Endless Development Possibilities: With a generous 1,083 sqm of land and highly desirable dual access, this property is primed for future development-from a multi-unit complex to a subdivided residential masterpiece, the options are endless.
• High Tenant Demand & Rapid Growth: Thomastown's market is booming, with tenants actively seeking homes in this thriving locale, ensuring these properties offer immediate and sustained rental returns.

The Smart Investor's Choice
This is more than a property-it's a lucrative investment positioned for high growth and offering multiple income streams. With recent renovations enhancing tenant appeal, and enormous development potential in one of Thomastown's hottest areas, these properties are ready to generate income and build value from day one.

Opportunities of this magnitude are few and far between. Don't miss your chance to acquire a premium asset with immediate rental income, high demand, and limitless potential.

Act Now to Secure Your Future

Property History for 135 Spring St, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Transferred
02 Jun 2017
  • 30 Oct 2024
    Listed for Sale Contact Agent
  • 02 Jun 2017
    Transferred
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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 12,127 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 63 properties listed for sale, and 41 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.