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Overview
This distinguished Californian Bungalow offers an exceptional opportunity for those looking to invest in a property with significant potential in a sought-after Thornbury locale. Set on a spacious 720 square metre north-facing block, the home immediately impresses with its classic heritage elements such as high ceilings and elegant picture rails, which provide a charming backdrop to modern living.
The property’s generous land size allows for versatile use, from enhancing the existing residence, rebuilding, or potentially developing further (subject to council approval), appealing to a range of buyers including families and developers. The sunny backyard provides a secure and private space perfect for children and pets, while the existing layout includes double-sized bedrooms and a centrally positioned bathroom embodying practical family-focused design.
The home includes a comfortable lounge and dining area with a heating feature, emphasizing the blend of comfort and character. The kitchen and meals zone is functional with gas appliances that support everyday cooking needs. External features such as an outhouse laundry with a second toilet contribute to the home’s practicality. There is ample parking with a garage complemented by a driveway capable of accommodating additional vehicles.
Positioned conveniently close to local parks, reputable schools, public transport, and vibrant high street amenities, this residence fits well for families desiring community connectivity as well as professionals seeking lifestyle versatility. The property genuinely combines lifestyle promise with development prospects in a location known for its leafy streets and urban convenience.
Local Market Insights
In Thornbury, Quiet Listings observed 21 new houses entering the market over the last 30 days, unchanged from 21 in the prior period, with an average advertised asking price of $1,385,238. The property type mix of listed properties is predominantly Houses at 40%, followed by apartments (40%), and commercial properties (8%). Nelson Alexander was the most active agency in this area, representing 31.4% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Thornbury VIC 3071
Market Insights for Thornbury VIC 3071
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