23 Larch Street, Thomastown, Vic 3074

$690,000 - $750,000

House
Type
3
Bedrooms
1
Bathrooms
3
Parkings
650 m²
Area

Published on Saturday, August 22, 2026 ( See property details for 23 Larch Street, Thomastown, Vic 3074)

$690,000 - $750,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile property on a large allotment with approved plans, offering excellent development, renovation, or investment opportunities in Thomastown.

🏡 Property Highlights

  • Substantial 655sqm allotment with development potential
  • Plans and permits approved in 2015 for future redevelopment
  • Well-established location close to schools, shopping, and transport
  • Existing residence with three bedrooms and open-plan living
  • Expansive driveway, garage, and workshop for vehicle and storage needs
  • Generous rear yard with established fruit trees for outdoor living

✨ Key Features

  • Garage
  • Open-Plan Living
  • Outdoor Area
  • Workshop
  • Built-in Robes
  • Laundry
  • Fruit Trees
  • Hardstand Area
  • Driveway
  • Development Potential
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23 Larch Street
Thomastown, VIC 3074
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Vertical aerial view — 23 Larch Street
23 Larch Street — Vertical Aerial  •  Thomastown, VIC 3074  •  Nearmap © 2026

Thomastown is a well-established suburb offering excellent amenities, including schools, shopping centres, and parklands. Its strategic location near the M80 Ring Road provides easy access to Melbourne CBD and surrounding areas. The community is family-friendly with a mix of established homes and development opportunities. Local parks and public transport options enhance the convenient lifestyle. The area is ideal for investors, developers, and families seeking a vibrant, accessible neighbourhood.

What are the future development possibilities for this property?
With approved plans and permits from 2015, the property offers potential for redevelopment, renovation, or rebuilding subject to council approval, making it suitable for various development projects.
Is the property suitable for investment purposes?
Yes, the large allotment, approved plans, and strategic location make this property an excellent investment opportunity for developers, builders, and investors seeking future growth.
What existing features does the house include?
The house features three bedrooms, a formal living room, open-plan kitchen and dining area, central bathroom, sunroom, laundry, and an outdoor toilet, providing a practical foundation for renovation or immediate use.
Are there any restrictions or approvals needed for redevelopment?
Development plans were approved in 2015, but any future redevelopment will require council approval and compliance with local planning regulations.
What is the condition of the existing residence?
The residence is in a functional condition, suitable for renovation or immediate occupancy, with a solid foundation for future improvements.
Are there any hidden costs associated with the approved plans or future development approvals? Has the property been affected by any zoning changes or planning restrictions since the 2015 permits? Are there any easements, covenants, or restrictions on the land that could impact development? Is there any history of flooding, bushfire risk, or other environmental hazards on the property? Are there any ongoing or upcoming planning or construction activities nearby that could affect the property’s value or livability?

23 Larch Street, Thomastown, Vic 3074 - More Details

$690,000 - $750,000

Set on a substantial allotment of approximately 655sqm, this property presents an exciting opportunity for developers, builders, investors, renovators and home buyers seeking to capitalise on a sizeable parcel of land in a well-established location.

Adding to its appeal, plans and permits were approved in 2015, potentially providing an opportunity for reinstatement, subject to council approval. Whether you're looking to develop, renovate the existing residence or create a brand-new home (STCA), the property offers an exciting range of possibilities.

The existing residence features three well-proportioned bedrooms, a generous formal living room, open-plan kitchen and dining area, central bathroom, sunroom, laundry and additional outdoor toilet, providing a practical foundation for renovation or immediate use.

Outside, an expansive driveway and hardstand area lead to a substantial garage and workshop, offering excellent vehicle accommodation, storage and workspace. The generous rear yard, complete with established fruit trees, further highlights the scale, functionality and versatility of the allotment.

Conveniently positioned close to schools, shopping, public transport, parklands and the M80 Ring Road, this is a rare opportunity to secure approximately 655sqm of land with immediate usability and exciting future potential.

Develop, renovate, rebuild or invest - the opportunity is yours.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
3
Area
650 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Mon 24 Aug 5:30 pm

    Monday 24 August
    5:30 pm - 6:00 pm
  • Inspection Sat 29 Aug 1:00 pm

    Saturday 29 August
    1:00 pm - 1:30 pm
  • Inspection Thu 3 Sep 5:30 pm

    Thursday 3 September
    5:30 pm - 6:00 pm
  • Inspection Sat 5 Sep 1:30 pm

    Saturday 5 September
    1:30 pm - 2:00 pm
  • Inspection Thu 10 Sep 5:30 pm

    Thursday 10 September
    5:30 pm - 6:00 pm

Auctions

  • 23 Larch Street, Thomastown, Vic 3074

    Saturday 19 September
    11:30 am
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