2/5 Plane StreetThomastown VIC 3074
Property Details for 2/5 Plane St, Thomastown
2/5 Plane St, Thomastown is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 133m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 3 bedroom Unit sold in Thomastown in the last 12 months.
Last Listing description (May 2026)
Rani Realty proudly presents a rare 725m development site primed for a luxurious double-storey duplex, backed by comprehensive approved plans from Summerhill Architectural Building Designers .Property HighlightsThis generous corner block in vibrant Strathmore offers immediate transformation potential, demolishing the existing single-storey brick residence to create two modern dwellings with low site coverage, high permeability, and thoughtful garden areas. Zoned residential with no overlays, its steps from Strathmore Primary (500m), Lebanon Street shops (200m), bus routes, and parks like Lebanon Reserve (230m).Proposed Duplex DesignThe plans detail a sleek duplex featuring: Ground floor (TP.301): Double garages, entries, open living/dining/kitchens for each unit, with setbacks ensuring privacy (e.g., 3.40m front, 1.83m side). First floor (TP.302): Master suites with WIRs and ensuites, bedrooms 4, family areas, rooftop decks with screens. Roof and elevations (TP.303, TP.400): Gable/flat roofs (rising to ~57.56 RL), north-facing shading devices, and materials like Shale Grey brick (Austral Melbourne Hawthorn), James Hardie cladding, Trimdek roofing.Streetscapes blend seamlessly with neighboring single/double-storey homes using weatherboard and brick elements.Prime Location & ValueElevated at ~51-53 RL with creek trails and Essendon DFO nearby (1km), its investor goldestimated $1.55m-$1.65m value pre-development, with duplexes poised to capitalize on Strathmore These February 2026 town planning drawings position as Rani Realtys next duplex showcase, blending modern luxury with family convenience in Moonee Valleys hotspot.
Property History for 2/5 Plane St, Thomastown, VIC 3074
- 29 Jan 2026Sold for $730,000
- 23 Nov 2025Listed for Sale $749,500
Recent sales nearby
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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 12,202 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:
- The median value for Houses in Thomastown is $781,196 while the median value for Units is $538,032.
- Houses have a median rent of $535 while Units have a median rent of $480.
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