338-342 Settlement Road, Thomastown, VIC 3074 | Property Value & History | OnTheHouse
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338-342 Settlement Road
Thomastown VIC 3074

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 338-342 Settlement Rd, Thomastown

Building Type
Commercial
Local Government
Whittlesea
Lot/Plan
2/PS420641

Last Listing description (May 2023)

RARE LARGE-SCALE YARD / STORAGE LEASING OPPORTUNITY

CBRE is pleased to exclusively offer for lease, a rare yard/storage opportunity situated at 338-342 Settlement Road, Thomastown.

Key Property Details:


+ Total site area: 32,930sqm*
+ Areas available from 10,000sqm* to 32,930sqm*
+ Crushed-rock yard / storage available
+ Take all or part

Location Details:

+ 17km* North of Melbourne's CBD
+ Situated only moments from the M80 Metropolitan Ring Road

Please contact CBRE for further information regarding this rare leasing opportunity.

approx.

Property History for 338-342 Settlement Rd, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Transferred
30 Jun 2024
  • 01 Mar 2023
    Listed for Rent - Price not available

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About Thomastown 3074

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:

  • The median value for Houses in Thomastown is $728,919 while the median value for Units is $494,147.
  • Houses have a median rent of $520 while Units have a median rent of $460.
There are currently 48 properties listed for sale, and 41 properties listed for rent in Thomastown on OnTheHouse. According to CoreLogic's data, 437 properties were sold in the past 12 months in Thomastown.

What's around 338-342 Settlement Rd, Thomastown

338-342 Settlement Rd, Thomastown is in the school catchment zone for Thomastown East Primary School and Lalor Secondary College.

Nearby Schools
Comparable Properties
Thomastown East Primary School
0.83km
Address not found
IN CATCHMENTPrimaryGovernmentP - 6Combined169 Enrolled
Baltara School
0.89km
27 Waratah Street Thomastown VIC 3074 Thomastown 3074
SpecialGovernmentCombined Enrolled
Thomastown Primary School
1.06km
Thomastown 3074
PrimaryGovernmentP - 6Combined234 Enrolled
St Margaret's School
1.15km
Reservoir 3073
PrimaryNon-GovernmentP - 6Combined207 Enrolled
Northern School For Autism
1.63km
Reservoir 3073
SpecialGovernmentCombined281 Enrolled
Lalor East Primary School
1.69km
Thomastown 3074
PrimaryGovernmentP - 6Combined331 Enrolled
Preston Reservoir Adult Community Education Inc | PRACE College
1.69km
Reservoir 3073
SpecialNon-Government11 - 11Combined48 Enrolled
Lalor Secondary College
1.82km
Lalor 3075
IN CATCHMENTSecondaryGovernment7 - 12Combined1034 Enrolled
St John XXIII Primary School
1.84km
Thomastown 3074
PrimaryNon-GovernmentP - 6Combined255 Enrolled
Maharishi School of the Age of Enlightenment
1.9km
Reservoir 3073
PrimaryNon-GovernmentP - 6Combined43 Enrolled

Suburb Insights for Thomastown 3074

Market Insights
Thomastown Trends for Houses
Median Value

$729k

1.05%
View Trend
Median Growth

1.32%

View Trend
Median Rent

$520/W

8.33%
View Trend
Rental Yield

3.85%

7.54%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (06/24 - 04/25)
Thomastown Trends for Units
Median Value

$494k

3.07%
View Trend
Median Growth

4.83%

View Trend
Median Rent

$460/W

5.14%
View Trend
Rental Yield

4.91%

1.66%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (06/24 - 04/25)
Neighbourhood Insights
Age

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%

Household Structure
Occupancy
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all liability for any loss or damage arising in connection with the data and information contained in this publication.
Victoria data
The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/legals/third-party-restrictions
ABS data
This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode
Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.
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