16 Ballantyne Street
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About this property
Welcome to this charming three-bedroom family home, peacefully positioned in the heart of Thornbury on a generous allotment of approximately 500sqm. Comfortable and liveable as is, the residence offers a blend of classic character and exciting potential for modern updates or a full renovation to truly maximise its value. Showcasing soaring high ceilings and charming period features, the home offers three well-proportioned bedrooms, each providing comfort and privacy. The centrally located bathroom is neat and functional, while the spacious living area delivers a warm and inviting setting for everyday living. The adjoining kitchen is well-equipped with ample storage and practical functionality, with a layout that allows for easy flow between the living and dining zones. Outdoors, an expansive backyard presents a fantastic opportunity to create a landscaped outdoor haven. With generous space to work with, there is scope to design an alfresco entertaining area, add garden surrounds, and still retain plenty of room for family enjoyment, making it ideal for relaxed living and entertaining. Situated in a sought-after Thornbury pocket, the home offers exceptional lifestyle convenience with Thornbury Train Station at one end of the street and High Street trams at the other, along with easy access to local schools, parklands and vibrant shopping precincts. Public transport options make commuting simple and efficient.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Land Area
- 500 m²
- Listed
- 2 months ago
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Neighbourhood
Living in Thornbury
This 3-bedroom house in Thornbury, VIC 3071 sits within reach of public transport, local shops and nearby schools. It is listed 62% above the $892,500 median of 56 comparable houseswithin 5 km.
Schools near Thornbury
- Virtual School Victoriacombined · Prep-12 · CoEd
- Fitzroy Community School - Thornbury Campusprimary
- Holy Spirit Schoolprimary · Prep-6 · CoEd
- Penders Grove Primary Schoolprimary · Prep-6 · CoEd
- St Mary's Schoolprimary · Prep-6 · CoEd
- Thornbury Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Stop 39: Gooch Street (tram) — 152 m away
- Zac — 1.2 km away
- Harry Reserve — 266 m away
- Jones Reserve — 303 m away
- Olver Reserve — 394 m away
Thornbury at a glance
Full suburb profile- Population
- 19,005
- Median age
- 37
- Household income
- $1,971/wk
- Median rent
- $391/wk
- Median mortgage
- $2,200/mo
Source: ABS Census.
Due diligence
Property Report
Future Development
Thornbury is experiencing steady infill development driven by proximity to Melbourne CBD, train station access, and recent zoning changes supporting medium-density housing. High Street and the station precinct are focal points for mixed-use renewal, with incremental dual occupancy and townhouse approvals throughout residential areas. Activity is moderate but consistent, reflecting the suburb's transition from low-density to more diverse housing typologies.
Nearby projects
5
Closest
0.3 km
High Street Mixed-Use Precinct
Distance from this property is exact (rings = km). Direction is illustrative.
High Street Mixed-Use Precinct
0.3 kmMulti-storey residential and retail development along Thornbury's main commercial strip focusing on medium-density infill.
2026
Recent Residential DA - Multiple Properties
0.5 kmDual occupancy and townhouse infill developments across residential pockets in response to demand for medium-density housing.
Residential Infill Approvals
0.6 kmMedium-rise apartment buildings (4-6 storeys) in strategic locations along transport corridors and near commercial zones.
Thornbury Station Precinct Renewal
0.8 kmUrban renewal project near Thornbury train station with residential apartments, improved public realm and pedestrian connectivity.
Local Retail/Community Hub
1.2 kmSmall-scale community facility with ground-floor retail and upper-level office/community space in an accessible location.
Suburb market
Suburb price trend
Thornbury price trend
Median sold · House 3 bed
Compound growth -0.0% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Thornbury marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
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