Thornbury at a glance
20,338
People
$1,435,000
Median sale
$600/wk
Median rent
2.17%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
VIC › Thornbury › Raleigh St
$2,165,000
Last sold
23 May 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
470 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
$2,165,000
23 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Thornbury (last 5 years) with land size have a median of $3,472/m² of land (n=18). Districts calculation from recorded sales — not a valuation.
Thornbury at a glance
20,338
People
$1,435,000
Median sale
$600/wk
Median rent
2.17%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Thornbury
+50.9%
Median sale
Suburb $1,435,000
-0.73 pp
Gross yield
Suburb 2.17%
Suburb median $1,435,000 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Darebin
Darebin, 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 1 · GRZ1 (ZN). Official parcel area about 471 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 1. 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 $600/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 1 · GRZ1 (ZN). Official parcel area about 471 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 1. 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
Thornbury at a glance
20,338
People
$1,435,000
Median sale
$600/wk
Median rent
2.17%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White PrestonPositioned in one of Thornbury's most sought-after lifestyle pockets, 205 Raleigh Street presents a beautifully designed residence that seamlessly blends architectural sophistication with family functionality. Thoughtfully crafted with broad market appeal, this exceptional home delivers a perfect balance of style, comfort and practicality, making it ideal for families, professionals, creatives or those seeking a premium inner-north lifestyle.
From the moment you step inside, the home impresses with its carefully considered floorplan, generous proportions and quality finishes throughout. A stunning open-plan living and dining zone forms the heart of the residence, bathed in natural light and framed by expansive glazing that seamlessly connects indoor and outdoor spaces. Warm timber flooring, soaring ceilings and garden outlooks create an inviting atmosphere that feels both sophisticated and relaxed. Designed for modern living, the residence offers multiple living spaces that cater effortlessly to both everyday comfort and entertaining. The well-considered floorplan includes spacious bedrooms, a generous upstairs retreat with balcony access, and a dedicated studio/workshop that provides exceptional flexibility for those working from home, pursuing creative interests, operating a home business or requiring additional private space.
Comfort has been prioritised throughout the home, with hydronic heating downstairs creating a warm and inviting atmosphere during cooler months, while ducted reverse-cycle air conditioning both upstairs and downstairs ensures year-round climate control. Sustainability and efficiency are equally well addressed, with an impressive 8kW solar panel system helping reduce energy costs while supporting environmentally conscious living.
The outdoor spaces have been designed for both relaxation and entertaining, highlighted by a beautifully landscaped backyard that offers privacy, greenery and multiple zones to enjoy year-round. Expansive decking creates an ideal setting for gatherings, while the luxurious six-seater spa provides a resort-style retreat perfect for unwinding after a long day or entertaining family and friends. The established gardens and seamless indoor-outdoor flow further enhance the home's lifestyle appeal. Whether enjoying quiet evenings at home or entertaining family and friends, the property offers a lifestyle-focused setting that is both private and highly functional.
Architecturally inspired by the vision of Meaden Architecture and Interiors, the home reflects a thoughtful approach to contemporary design. Their work is recognised for creating visually distinctive spaces that are tailored to both their environment and the people who live within them, combining strong practicality, sustainable material choices and a forward-thinking approach to modern living.
The location further enhances the home's appeal, positioned within easy reach of Thornbury's vibrant café culture, local restaurants, boutique shopping and excellent public transport options. Enjoy convenient access to nearby parks, schools, High Street's renowned dining precinct, tram routes and train stations, all while being only moments from the CBD. Thornbury continues to be one of Melbourne's most desirable inner-north suburbs, celebrated for its community atmosphere, lifestyle convenience and strong long-term growth.
This is a rare opportunity to secure a beautifully considered home that delivers architectural appeal, premium comfort and an exceptional lifestyle in a tightly held Thornbury address.
Listing description written by Ian Dempsey, Ray White Preston — reproduced as published, not verified by Districts.