61 Mercedes Drive, Thomastown, VIC 3074 | Property Value & History | OnTheHouse
OFF MARKET

61 Mercedes Drive
Thomastown VIC 3074

Bedrooms: -
Bathrooms: -
Car spaces: 7
Land area: 534m2
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Property Details for 61 Mercedes Dr, Thomastown

Building Type
Commercial
Land Size
534m2
Local Government
Whittlesea
Lot/Plan
31/LP216138

Last Listing description (January 2025)

Nestled in the heart of Thomastown's thriving industrial hub, 61 Mercedes Drive presents an exceptional opportunity for businesses seeking a spacious and functional property. Boasting a generous land area of 534 sqm, this industrial/warehouse space offers ample room to accommodate various business needs.

A standout feature of this property is its seven garage spaces, providing unparalleled convenience for parking and storage requirements. Whether you're a growing enterprise or an established business, the abundance of garage spaces ensures seamless operations and organizational efficiency.

Strategically positioned in a highly convenient location, this property offers easy access to major transport routes and arterial roads, facilitating smooth logistics and distribution channels. Its proximity to key amenities and commercial centers further enhances its appeal, making it an ideal choice for businesses looking to establish or expand their presence in the area.

With a competitive price guide of $43,000 + Outgoings, this property presents a lucrative investment opportunity for astute investors and business owners alike. Don't let this exceptional offering pass you by. Contact us today to schedule a viewing and secure this prime industrial/warehouse space for your business endeavors.

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Property History for 61 Mercedes Dr, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Sold
$332,000
17 Mar 2003
Listed for Rent
$824/w
31 Jan 2025
  • 09 Apr 2024
    Listed for Rent $43,000 / year
  • 26 Feb 2019
    Listed for Rent $37,000 / year
  • 17 Mar 2003
    Sold for $332,000
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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 77 properties listed for sale, and 33 properties listed for rent in Thomastown on OnTheHouse. According to Cotality's data, 501 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.