Thinking about buying in Thomson? Now could not be a better time, with 1172 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $633,000 with prices in this suburb ranging from $164,000 to $1,385,000. Thomson is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $292.63 |
Median Monthly Mortgage | $1301.25 |
Median Persons Per Bedroom | 0.75 |
Average Household Size | 2.00 |
Average Age | 42.38 |
Average Income | $649.13 |
Average Cars Per Dwelling | 1.54 |
Average Properties Within 50M | 16 |
1 Bed  $443,000 |
2 Bed  $577,000 |
3 Bed  $759,000 |
4 Bed  $899,000 |
5 Bed  $792,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Thomson are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Thomson provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Thomson requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Thomson 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 Thomson a better buying opportunity than it may have been in the past.
UNIT 3, 2 MARTIN ST, THOMSON, VIC, 3219 | 1 | 1 | 1 | 290000 |
St Margaret's School
Tate Street Primary School Geelong
Geelong East Primary School
MacKillop Specialist School
Christ the King School
Newcomb Park Primary School
Newcomb Secondary College
Whittington Primary School
Geelong High School
St Mary's School
(While the above schools are located with the suburb of Thomson there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.1 | 14.5 | 26.1 | 43.4 | 89.3 | 4.0 | 24.4 |
Feb | 0.9 | 14.4 | 25.8 | 44.7 | 91.2 | 3.6 | 20.1 |
Mar | 1.0 | 13.9 | 24.2 | 47.9 | 92.5 | 3.4 | 14.7 |
Apr | 1.4 | 10.8 | 21.7 | 47.8 | 93.1 | 2.8 | 11.2 |
May | 1.9 | 8.1 | 17.5 | 56.0 | 93.2 | 3.1 | 7.9 |
Jun | 1.7 | 6.3 | 14.5 | 66.2 | 95.2 | 2.8 | 6.6 |
Jul | 1.5 | 6.6 | 14.5 | 61.2 | 93.3 | 3.6 | 7.6 |
Aug | 1.7 | 6.3 | 14.9 | 57.1 | 93.8 | 3.6 | 10.0 |
Sept | 1.8 | 7.8 | 17.8 | 50.8 | 93 | 3.7 | 14.4 |
Oct | 1.4 | 9.2 | 19.9 | 46.7 | 92.7 | 3.8 | 18.3 |
Nov | 1.3 | 10.8 | 21.9 | 46.4 | 92.7 | 3.7 | 22.3 |
Dec | 1.2 | 12.7 | 24.5 | 44.3 | 91.2 | 3.8 | 25.1 |
source: Australian Government Bureau of Meteorology
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