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 › Spring St
For sale
For sale
6
Bedrooms
2
Bathrooms
0
Car spaces
539 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
No recorded sale price for this property yet.
Local land rate: recorded House sales in Thomastown (last 5 years) with land size have a median of $1,197/m² of land (n=37). 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.
Planning
Planning data is being calculated
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Raine & Horne TGRThis is it - the rare, high-return investment opportunity you've been waiting for! 133 and 135 Spring Street offer a commanding position on Thomastown's sought-after Main Street, boasting two fully renovated properties on a massive 1,083 sqm block with dual street access. This exceptional property package provides an unmissable chance for substantial rental income and a unique scope for development, ideal for the investor or developer ready to secure a high-growth asset.
Why This Opportunity Stands Out
• Prime Main Street Exposure: Positioned on Thomastown's high-demand Main Street, these properties are surrounded by bustling amenities,
transport, and shopping, giving you immediate access to a robust, tenant-rich market.
• Dual Income Potential, Fully Renovated: Both properties are beautifully updated to maximize rental yield with low maintenance. The dual income
potential provides a powerful revenue stream from day one.
• Endless Development Possibilities: With a generous 1,083 sqm of land and highly desirable dual access, this property is primed for future development-from a multi-unit complex to a subdivided residential masterpiece, the options are endless.
• High Tenant Demand & Rapid Growth: Thomastown's market is booming, with tenants actively seeking homes in this thriving locale, ensuring these properties offer immediate and sustained rental returns.
The Smart Investor's Choice
This is more than a property-it's a lucrative investment positioned for high growth and offering multiple income streams. With recent renovations enhancing tenant appeal, and enormous development potential in one of Thomastown's hottest areas, these properties are ready to generate income and build value from day one.
Opportunities of this magnitude are few and far between. Don't miss your chance to acquire a premium asset with immediate rental income, high demand, and limitless potential.
Act Now to Secure Your Future
Listing description written by Cheryl Freshwater, Raine & Horne TGR — reproduced as published, not verified by Districts.