48 Martin Street, Thornbury, VIC 3071 | Property Value & History | OnTheHouse
OFF MARKET

48 Martin Street
Thornbury VIC 3071

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 94m2
Land area: 450m2
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Property Details for 48 Martin St, Thornbury

48 Martin St, Thornbury is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 450m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in February 2025.

Building Type
House
Floor Size
94m2
Land Size
450m2
Local Government
Darebin
Lot/Plan
2/TP608913

Last Listing description (December 2025)

For Sale by Expressions of Interest

Perfectly positioned in one of Thornburys most tightly held and convenient pockets, this double-fronted brick home sits proudly on approximately 450m and represents a rare opportunity with outstanding potential to renovate, rebuild, or redevelop (STCA).
Behind its classic brick faade lies a spacious and flexible floorplan offering three bedrooms, two bathrooms, and two kitchens ideal for multi-generational living, a dual-occupancy setup, or an inspired redesign. The generous allotment, complemented by valuable rear right-of-way access, provides ample scope for future improvements, extensions, or an entirely new vision to take shape.

For developers or investors, the land size, configuration, and location make it an enticing prospect for a multi-unit development (STCA), while owner-occupiers will appreciate the chance to create a dream family home in one of the inner norths most desirable suburbs.
Situated just moments from Thornburys vibrant High Street, enjoy an unrivalled lifestyle surrounded by local cafs, acclaimed restaurants, boutique shopping, and easy public transport options. Stroll to nearby parks, schools, and trams, with everything you love about inner-north living right at your doorstep.
Whether youre looking to renovate, rebuild, or redevelop, this property delivers the perfect foundation for future success a blue-chip address offering endless potential and exceptional long-term value.

Property History for 48 Martin St, Thornbury, VIC 3071

A timeline of how this property has performed in the market
Last Sold
$1,530,000
18 Feb 2025
Listed for Rent
$420/w
12 Nov 2020
  • 12 Nov 2025
    Listed for Sale $1,500,000 - $1,650,000
  • 18 Feb 2025
    Sold for $1,530,000
  • 29 Sep 2020
    Listed for Rent $420 / week
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About Thornbury 3071

The size of Thornbury is approximately 5.1 square kilometres. There are 26 parks, covering nearly 13.6% of the total area. The population of Thornbury in 2016 was 18568 people. By 2021 the population was 19005 showing a population growth of 2.4% in the area during that time. The predominant age group in Thornbury is 30-39 years. Households in Thornbury are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornbury work in a professional occupation.In 2021, 55.90% of the homes in Thornbury were owner-occupied compared with 53.60% in 2016.

Thornbury has 11,305 properties. Over the last 5 years, Houses in Thornbury have seen a -0.25% decrease in median value, while Units have seen a 6.21% increase. As at 30 April 2026:

  • The median value for Houses in Thornbury is $1,453,148 while the median value for Units is $661,523.
  • Houses have a median rent of $800 while Units have a median rent of $520.
There are currently 24 properties listed for sale, and 20 properties listed for rent in Thornbury on OnTheHouse. According to Cotality's data, 492 properties were sold in the past 12 months in Thornbury.

Suburb Insights for Thornbury 3071

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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.