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Thornbury’s sale of the century bags butcher family a meaty gain

Corporate - Home Page
22 April 2022
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Northcote art deco investment fetches multimillion-dollar price

An aged Thornbury property linked to a butcher shop has sold to a local family who now owns a slice of the suburb’s heritage.

Home to the same family for more than 100 years, the property at 66 Gooch Street was snapped up for $1.8 million, according to Barry Plant Inner North Group agent Alexander Magliolo.


In a spirited auction, five bidders pushed up the price for the long-time Thornbury landmark a whopping $200,000 above the seller’s reserve.

On a corner block near vibrant High Street, the former W. Booth butcher shop was operated by three generations of the family who also lived at the attached house.

Closed for decades, the shop has been kept in original condition and includes a front and two back rooms. It leads to the three-bedroom house with a living room, kitchen with meals area, family room plus a retro pink bathroom.

Buyers who lived just down the road were attracted to the location of the property, its potential and its rich heritage, according to Mr Magliolo.

“Most likely their grandfather used to shop there,” he said.

The family plans to move in and update the home.

Meanwhile, in neighbouring Northcote, another home from a bygone era was also sold to a family who plans to move in and renovate, Mr Magliolo said.

Three bidders competed for the four-bedroom art deco house at 23 Hillside Avenue, which sold for an eyebrow-raising $2.225 million, well above the sellers’ expectations.


The owners paid $1.45 million for the property about four years ago, according to data from

The highly competitive auction opened with a $1.9 million bid and the property sold well above the reserve, according to Mr Magliolo.

“Houses at this price point don’t come on the market very often,” Mr Magliolo said.

“At the moment there are only four to five homes priced above $2 million for sale in Northcote.”

The 1940s house, which was an investment property, attracted strong interest because it is an ideal family home with three to four bedrooms and set on a deep 568sq m block in a coveted pocket.

Freshly painted, it showcases original decorative ceilings, leadlight windows and polished hardwood floors throughout.

Located in the vibrant inner Melbourne suburb 6km from the CBD, it is near quality schools, parks, trains and trams, plus vibrant cafes, restaurants and retail outlets on bustling High Street.

Period homes on generously proportioned blocks are highly prized in Northcote, which is a family-oriented suburb with a strong community spirit, according to Mr Magliolo.

However, low stock levels and high demand are pushing up prices in the area and nearby Thornbury, Fairfield and Alphington.

“Quality homes on larger parcels of land are in short supply in these tightly held areas, and when they come on the market, they sell well,” he said.

Corporate - Home Page
22 April 2022
Save Article

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