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Location
Market Insights for Thornbury VIC 3071
New Listings (last 30 days)
17
Average price
$3,240,529
Lowest price
$439,000
Highest price
$20,000,000
Other properties in this postcode

80 & 80a Dundas Street, Thornbury VIC 3071

Listed: 31 days ago
Overview

This impressive landholding at 80 & 80a Dundas Street in Thornbury offers a rare and flexible opportunity for buyers interested in substantial development potential or creating multiple home sites. Comprising two separate titles that together span approximately 1,084 square metres, the site delivers significant scale and versatility that is seldom found in this popular locale.

Positioned in a sought-after part of Thornbury, the property provides close proximity to amenities such as Penders Park, vibrant bars and eateries along High Street, local shopping centres, reliable public transport including Thornbury Station, and well-regarded schools. This accessibility complements the property's inherent flexibility, making it attractive for a range of buyers including developers, investors, or families aiming for a spacious and future-proof site.

The size of the combined allotments invites various possibilities subject to council approval. Prospective owners might explore the creation of multiple home sites, or opt to build a large family residence complete with expansive gardens, a swimming pool, and generous outdoor entertaining areas. This dual-title offering lends buyers the freedom to consider the site as one substantial parcel or as two distinct opportunities, depending on their vision and planning permissions.

  • Approximate land size of 1,084 square metres encompassing two separate titles.
  • Excellent location near essential amenities, public transport, and lifestyle conveniences.
  • Exceptional potential for re-development, multi-dwelling construction, or a spacious family estate.

Overall, this rare land assembly presents a considerable canvas for discerning buyers who value flexibility, scale, and prime positioning in Thornbury. The combination of generous space and favorable locale supports a multitude of future uses, catering well to developers, families, and investors aiming to capitalize on growth and lifestyle benefits within Melbourne's inner north-east.

Local Market Insights

In Melbourne - Inner, Quiet Listings observed 17 new parcels of land entering the market over the last 30 days, down from 18 during the previous 30-day period, with an average advertised asking price of $3,240,529. The property type mix of listed properties is predominantly Houses at 41%, followed by apartments (34%), and townhouses (11%). The most active agency for land in the Melbourne - Inner area is currently OBrien Real Estate, representing 18% of new listings, followed by Buxton Real Estate Group with 12%. 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.