740 High Street, Thornbury, VIC 3071 | Property Value & History | OnTheHouse
OFF MARKET

740 High Street
Thornbury VIC 3071

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 62m2
Land area: 209m2
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Property Details for 740 High St, Thornbury

Building Type
Commercial
Floor Size
62m2
Land Size
209m2
Local Government
Darebin
Lot/Plan
1/TP533822

Last Listing description (February 2018)

- Strategically located in High Street s booming lifestyle and hospitality precinct
- Land area: 207sqm approx. with rear access
- Well-presented building of 175sqm approx.

- Encompasses quality shopfront leased to Arestia Designs Hair Studio, along with a separately leased two storey, two bedroom apartment
- Returning $44,500 per annum
- Excellent rental growth potential
- Outstanding public transport options nearby with the Thornbury Train Station only 150 metres away and tram stops along High Street
- Flexible opportunity to invest, occupy, or value add (stca)
Thornbury is currently undergoing major gentrification with multiple high density developments completed and planned within and around High Street. This property represents an affordable opportunity to invest in a location with significant future upside.
For Sale By Public Auction: Thursday 14th December at 1pm on site

Property History for 740 High St, Thornbury, VIC 3071

A timeline of how this property has performed in the market
Last Sold
$1,385,000
14 Dec 2017
Listed for Rent
$450/w
31 May 2017
  • 14 Dec 2017
    Sold for $1,385,000
  • 17 Nov 2017
    Listed for Sale Not Disclosed
  • 19 Apr 2017
    Listed for Rent - Price not available
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About Thornbury 3071

The size of Thornbury is approximately 5.1 square kilometres. It has 26 parks covering nearly 13.6% of 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 11,331 properties. Over the last 5 years, Houses in Thornbury have seen a 5.71% increase in median value, while Units have seen a 17.77% increase. As at 31 March 2026:

  • The median value for Houses in Thornbury is $1,498,058 while the median value for Units is $689,741.
  • Houses have a median rent of $800 while Units have a median rent of $500.
There are currently 19 properties listed for sale, and 14 properties listed for rent in Thornbury on OnTheHouse. According to Cotality's data, 507 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.