38 Bates Ave, Thomastown is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 534m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in January 2016.
First home buyers or investors look no further. This solid three bedroom brick home is spacious, conveniently located close to Lalor Plaza, bus services, schools and is currently leased on a monthly basis for $1,260.
Upon entry, you'll find a beautiful lounge room enjoying lots of natural light, polished floorboards flow throughout and there is also the benefit of ducted heating.
The open kitchen and dining area opens out onto the large undercover patio, with plenty of space for entertaining. There's also a double lock up garage, lots of parking space on the driveway and a neat backyard.
This home is walking distance to Thomastown East Recreation Reserve and is a fantastic opportunity for an investor or first home buyer.
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
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 12,135 properties. Over the last 5 years, Houses in Thomastown have seen a 19.21% increase in median value, while Units have seen a 24.07% increase. As at 31 March 2026:
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