CBRE is pleased to exclusively offer for lease, a rare yard/storage opportunity situated at 338-342 Settlement Road, Thomastown.
Key Property Details:
The size of Thomastown is approximately 14.7 square kilometres. It has 23 parks covering nearly 4% of total area. The population of Thomastown in 2011 was 20,330 people. By 2016 the population was 20,482 showing a population growth of 0.7% in the area during that time. The predominant age group in Thomastown is 20-29 years. Households in Thomastown are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Thomastown work in a labourer occupation. In 2011, 72.6% of the homes in Thomastown were owner-occupied compared with 68.5% in 2016.
Thomastown has 11,833 properties. Over the last 5 years, Houses in Thomastown have seen a 18.12% increase in median value, while Units have seen a 15.56% increase. As at 30 April 2025:
338-342 Settlement Rd, Thomastown is in the school catchment zone for Thomastown East Primary School and Lalor Secondary College.
$729k
1.32%
View Trend$520/W
3.85%
$494k
4.83%
View Trend$460/W
4.91%
Population 20,482
0-9
11%
10-19
10%
20-29
15%
30-39
15%
40-49
11%
50-59
12%
60-69
12%
70-79
9%
80-89
4%
90-99
1%
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