14/16 Arndell St, Thomastown is a 6 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 1282m2.
Why buy 1 when you can buy 2, side by side! Imagine the investment and development potential of these dwellings located in the popular and established suburb of Thomastown, just off High Street.
In recent years, the area has become a favourite for investors, young families and first home buyers, not only is it 16km out of the city but the suburb itself offers so much to its residents.
You will find these homes central and only minutes away from major amenities including, shopping centres, reputable schools and tertiary education facilities, medical services, recreational reserves, public transport inc train stations, main road networks and an abundance of community services.
House 1 (14 Arndell Street) comprises of 641m2 approx. block, 3 bedrooms, 2 kitchens & multiple living areas. House 2 (16 Arndell Street) comprises of 641m2 approx. block, 3 bedrooms, office, workshop and multiple living areas.
Not only do both homes present many more features which you will note on inspection but also fantastic opportunities for great rental yields, capital growth, and future development (STCA). An opportunity not to be missed!
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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. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.
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 12,190 properties. Over the last 5 years, Houses in Thomastown have seen a 11.50% increase in median value, while Units have seen a 18.43% increase. As at 30 June 2026:
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