Thomastown at a glance
20,727
People
$837,500
Median sale
$489/wk
Median rent
3.04%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
VIC › Thomastown › Alexander Ave
$736,000
Last sold
8 Feb 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
586 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$736,000
8 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Thomastown (last 5 years) with land size have a median of $1,196/m² of land (n=36). Districts calculation from recorded sales — not a valuation.
Thomastown at a glance
20,727
People
$837,500
Median sale
$489/wk
Median rent
3.04%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Vs Thomastown
-12.1%
Median sale
Suburb $837,500
+0.41 pp
Gross yield
Suburb 3.04%
Suburb median $837,500 from 6 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 5
GRZ5
Jurisdiction
Whittlesea
Whittlesea, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 5 · GRZ5 (ZN). Official parcel area about 585 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $489/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 5 · GRZ5 (ZN). Official parcel area about 585 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Thomastown at a glance
20,727
People
$837,500
Median sale
$489/wk
Median rent
3.04%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Ray White BundooraFully Renovated Corner Dream - Modern, Low-Maintenance and Ready to Move In
Set on a generous 586 sqm corner block, this impeccably renovated home combines contemporary style with effortless living. Designed for those who value low-maintenance comfort, this property is move-in ready, offering the perfect opportunity to start your next chapter.
A spacious covered deck overlooking Nick Ascenzo Park leads to the grand entrance. Inside, a tall hallway separates the living areas from the bedrooms, creating a functional and flowing layout. The home boasts three spacious bedrooms, all brimming with natural light and polished floorboards. The master bedroom features stylish white curtains for privacy, a ceiling fan, and its own split-system air conditioner for year-round comfort.
The sleek central bathroom serves the home perfectly, complementing its contemporary design.
The light-filled lounge, complete with a statement fireplace, exudes warmth and charm, while the adjoining dining area offers a comfortable space for meals, enhanced by another air conditioning unit. The open-plan kitchen is a standout feature, overlooking the backyard and offering a combination of modern appliances and timeless finishes.
Light cream walls, warm floorboards, and elegant downlights create a welcoming and sophisticated ambiance throughout the home.
The outdoor space has been designed for ease and enjoyment, with a fully fenced front and back garden. Features include a veggie patch, two small water tanks, and both a garden shed and wood shed for added convenience. Vehicle accommodation is well catered for, with a carport, a garage, and an additional parking space accessible via a second driveway and gate.
Positioned across from the park, this location provides both tranquility and accessibility. Thomastown Train Station and the Metropolitan Ring Road via Dalton Road ensure effortless commuting, while Thomastown East Primary School, Station Street shops, and May Road are all within walking distance. Additional schools, including Lalor East Primary, Lalor Secondary College, St John's Primary, and St Luke's Primary, as well as shopping hubs like Epping Plaza and Lalor Plaza, add to the area's family-friendly appeal.
Move straight in and enjoy the lifestyle you deserve! This home is perfect for first-time buyers, young families, downsizers, or savvy investors. Everything has been done for you - all that's left is to turn the key and make it your own.
Land size: 586m2 approx
Deposit: 10% of the purchase price
Settlement preference: 90/120 days
Rental assessment: $500-$550 per week
Listing description written by Alice Rossi, Ray White Bundoora — reproduced as published, not verified by Districts.