56 Commercial Drive, Thomastown, VIC 3074 | Property Value & History | OnTheHouse
OFF MARKET

56 Commercial Drive
Thomastown VIC 3074

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 785m2
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Property Details for 56 Commercial Dr, Thomastown

Building Type
Commercial
Land Size
785m2
Local Government
Whittlesea
Lot/Plan
177/LP128538

Last Listing description (March 2022)

SOLD By Miles Real Estate. A very well-presented brick factory with excellent on-site parking or space to set down a container, all behind a secure wire mesh fence.
Elaborate office accommodation over two levels with bathrooms on both levels.

- Building Area: 500 sq. metres (approx.)

- Land Area: 790 sq. metres (approx.)
- Zoned Industrial 1
- Large hardstand area / 8 Car parks
- Small rear yard
- An abundance of light
- Sold subject to an overholding tenancy

Terms: 10% Deposit Balance 60/90 Days

For further details or to inspect contact:
Tim Mitchell 0417 339 986
Paul Evans 0408 144 181

Property History for 56 Commercial Dr, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Sold
$1,400,000
03 Mar 2022
Listed for Rent
12 Apr 2016
  • 03 Mar 2022
    Sold for $1,400,000
  • 28 Jan 2022
    Listed for Sale Contact Agent
  • 18 Nov 2015
    Listed for Rent - Price not available
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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 12,112 properties. Over the last 5 years, Houses in Thomastown have seen a 16.93% increase in median value, while Units have seen a 23.10% increase. As at 30 April 2026:

  • The median value for Houses in Thomastown is $802,332 while the median value for Units is $554,535.
  • Houses have a median rent of $530 while Units have a median rent of $483.
There are currently 79 properties listed for sale, and 35 properties listed for rent in Thomastown on OnTheHouse. According to Cotality's data, 499 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.