Back 1-4/34 Spring Street
Off Market

1-4/34 Spring Street

Thomastown VIC 3074

2
1
1
697 m²
Unit
Last sold for $1,730,000
Ryan Di NataleRyan Di Natale, last sold this property on 24 June 2025 after 182 days on market.

Overview

4 BRAND NEW TOWNHOUSES ALL ON ONE TITLE Estimated yearly return $100,000.

Projected $100,000 per year rental income Here is a rare and unique opportunity to purchase a whole block of 4 BRAND-NEW TOWNHOUSES all on one title and perfectly positioned in a very desirable lifestyle location, where everything you need is all within a short proximity. It's a leisurely stroll to Thomastown train station, bus services, High St shopping, cafes, eateries, local schools, health services, only minutes to Pacific Plaza Epping, Costco and easy access to the M80 Ring Road Network for that extra commuting convenience to the CBD or out to Melbourne Airport. This superb investment opportunity is ideal for SMSF and offers the astute buyer an instant rent yield/great cash flow. Sleek, stylish and beautifully appointed, these brand-new townhouses comprise: Townhouse 1 - Open-plan-living floor plan, modern kitchen with living/meals area, 2 bedrooms with BIRS, master with ensuite and private balcony, stylish bathroom, guest powder room, private courtyard and carport for single vehicle accommodation. Townhouse 2 - Open-plan-living floor plan, modern kitchen with living/meals area, 2 bedrooms with BIRS, stylish bathroom, guest powder room, private courtyard and carport for single vehicle accommodation. Townhouse 3 - Open-plan-living floor plan, modern kitchen with living/meals area, 2 bedrooms with BIRS, stylish bathroom, guest powder room, private courtyard and carport for single vehicle accommodation. Townhouse 4 - Open-plan-living floor plan, modern kitchen, with living/meals area, 2 bedrooms with BIRS, stylish bathroom, guest powder room, private courtyard and carport for single vehicle accommodation.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
697 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Thomastown over the last 12 months, the estimated median property value of 1-4/34 Spring Street is $530k.

Median value
$530k
Estimated value range
$325k - $1.73m
Median days on market
26
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Thomastown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1-4/34 Spring Street

2025
Sold
$1,730,000
24 Jun 2025 by Ryan Di Natale, of Love & Co Real Estate - Thomastown

Happy sellers in Thomastown

92%
92% of sellers in Thomastown reported that their sale price either exceeded or met their price expectations.

Thomastown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 72 reviews in Thomastown over the last 12 months.

Local market activity for 2 bedroom units in Thomastown

In the last 12 months, 16 two-bedroom units similar to 1-4/34 Spring Street, have been sold.

This represents a 53% increase in two-bedroom units sales when compared to the previous 12 months.

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