42 Northgate Drive, Thomastown, VIC 3074 | Property Value & History | OnTheHouse
OFF MARKET

42 Northgate Drive
Thomastown VIC 3074

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7791m2
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Property Details for 42 Northgate Dr, Thomastown

Building Type
Commercial
Land Size
7791m2
Local Government
Whittlesea
Lot/Plan
34/PS425188

Last Listing description (May 2018)

SOLD by Miles Real Estate
(Refrigerated Food Distribution Centre) This immaculately presented Industrial premises offers a unique opportunity for a business seeking to consolidate in Thomastown's premium location with scope to expand at a later stage.
- Total Building Area: 1,520 SQM (approx.)

- Extensive Land Area: 7,780 SQM (approx.)
- Currently utilised as food distribution centre
- Refrigerated warehouse accessed via canopy area with multiple roller doors and loading bays.
- Quality Air-Conditioned office accommodation
- 8 metre internal Clearance in Warehouse
- Extensive hardstand and additional land ripe for further expansion
- Minutes to Metropolitan Ring Road and Plenty Road 15kms north of Melbourne's CBD
- To be sold with Vacant Possession
- Expression of Interest closing Thursday 15 March 2018 at 4:00pm.
Terms: 10% Deposit. Balance 30/60/90 Days
For further details or to arrange an inspection contact:
Paul Evans 0408 144 181
Tim Mitchell 0417 339 986

Property History for 42 Northgate Dr, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Sold
$3,500,000
22 Mar 2018
  • 22 Mar 2018
    Sold for $3,500,000
  • 12 Feb 2018
    Listed for Sale Price Confidential
  • 02 Jun 2000
    Sold for $670,896
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About Thomastown 3074

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 12,116 properties. Over the last 5 years, Houses in Thomastown have seen a 23.93% increase in median value, while Units have seen a 20.15% increase. As at 30 November 2025:

  • The median value for Houses in Thomastown is $788,247 while the median value for Units is $527,393.
  • Houses have a median rent of $520 while Units have a median rent of $470.
There are currently 53 properties listed for sale, and 37 properties listed for rent in Thomastown on OnTheHouse. According to Cotality's data, 493 properties were sold in the past 12 months in Thomastown.

Suburb Insights for Thomastown 3074

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.