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Thomastown
VIC, 3074 - Whittlesea

Thinking about buying in Thomastown? Now could not be a better time, with 12416 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $839,000 with prices in this suburb ranging from $261,000 to $11,411,000. The aproximate distance to the coast is 13 Km.

Household Makeup

Median Weekly Rent $359.11
Median Monthly Mortgage $1731.85
Median Persons Per Bedroom 0.84
Average Household Size 2.74
Average Age 40.17
Average Income $562.13
Average Cars Per Dwelling 1.74
Average Properties Within 50M 13

Housing Stock

Average Property Prices

1 Bed  $533,000
2 Bed  $573,000
3 Bed  $941,000
4 Bed  $1,030,000
5 Bed  $1,269,000
6 Bed+$1,246,000

Thomastown Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Thomastown driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Thomastown due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Thomastown changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Thomastown to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Thomastown we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Thomastown a better buying opportunity than it may have been in the past.

Houses for sale Thomastown

Belle Property UNIT 3, 29 TRAVERS ST, THOMASTOWN, VIC, 3074 Beds2 Bathrooms1 Parking 1 AUCTION THIS SATURDAY
Fletchers 31 MAIN ST, THOMASTOWN, VIC, 3074 Beds4 Bathrooms2 Parking 2 Auction 30th November at 10:30am
Harcourts UNIT 2, 76 CEDAR ST, THOMASTOWN, VIC, 3074 Beds3 Bathrooms2 Parking 2 $740,000
Harcourts UNIT 1, 200 HIGH ST, THOMASTOWN, VIC, 3074 Beds2 Bathrooms1 Parking 1 From $349,000 - $739,000
Harcourts 33 WESTALL ST, THOMASTOWN, VIC, 3074 Beds3 Bathrooms2 Parking 1 Price on Application
Nelson Alexander 8 DERWENT CT, THOMASTOWN, VIC, 3074 Beds3 Bathrooms1 Private Sale $690,000
Nelson Alexander UNIT 1, 10 WATTLE ST, THOMASTOWN, VIC, 3074 Beds4 Bathrooms2 Parking 2 Under Offer
Ray White 217 THE BOULEVARD, THOMASTOWN, VIC, 3074 Beds3 Bathrooms1 Parking 2 500000
Ray White UNIT 1, 7 ALEXANDER AV, THOMASTOWN, VIC, 3074 Beds2 Bathrooms1 Parking 1 460000
Ray White UNIT 4, 7 HIGHLANDS RD, THOMASTOWN, VIC, 3074 Beds2 Bathrooms2 Parking 1 400000
Ray White 74 ALVARADO AV, THOMASTOWN, VIC, 3074 Beds3 Bathrooms2 Parking 4 600000
Ray White 186 THE BOULEVARD, THOMASTOWN, VIC, 3074 Beds3 Bathrooms1 Parking 4 560000
Ray White UNIT 1, 7 WILGAH ST, THOMASTOWN, VIC, 3074 Beds2 Bathrooms1 Parking 1 495000
Ray White UNIT 1, 3 NEWTON ST, THOMASTOWN, VIC, 3074 Beds3 Bathrooms1 Parking 2 500000
Ray White 240 HIGH ST, THOMASTOWN, VIC, 3074 Beds2 Bathrooms2 Parking 1 495000
Ray White 12 MIDHOLM CT, THOMASTOWN, VIC, 3074 Beds3 Bathrooms2 Parking 4 800000
Ray White 2 AINWICK CR, THOMASTOWN, VIC, 3074 Beds3 Bathrooms2 Parking 4 705000

Local Schools

Thomastown Meadows Primary School

Thomastown West Primary School

Lalor East Primary School

Thomastown East Primary School

Thomastown Primary School

Thomastown Secondary College

St John XXIII Primary School

St Clare's School

Norris Bank Primary School

William Ruthven Secondary College

(While the above schools are located with the suburb of Thomastown there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Thomastown weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Nov1.711.123.440.694.73.221.6
Dec1.812.826.436.6933.225.4
Jan1.714.828.835.991.93.223.6
Feb1.214.628.138.092.62.820.2
Mar1.412.824.841.793.52.614.8
Apr2.110.321.347.296.62.410.8
May1.78.417.554.595.52.87.6
Jun1.86.014.364.398.22.36.4
Jul1.46.414.261.197.32.97.4
Aug1.96.014.653.896.23.09.6
Sept1.67.818.145.895.43.114.1
Oct1.69.521.343.4953.218.5

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

LalorReservoirFawknerKingsburyBundooraCampbellfieldEppingMill ParkHadfieldCoburg North

Public Transport


General Points of Interest

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