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Investment Property Thomastown, VIC, 3074

Suburb Snapshot

Thomastown is a suburb in the Whittlesea Region of Victoria. Thomastown has a population of 20,522 people and 24.26% of its occupants live in rental accommodation. The median listing price for houses is $740,000 and this has changed 2.42% over the past year and changed 5.71% over 2 years.

The median rent in Thomastown for houses is $500 per week and the median rental yield is 3.51%. Stock on the market for houses/townhouses has changed 59.02% compared to last year and the average time to sell a house/townhouse is 65 days.The median listing price for units is $420,000 and this has changed -1.07% over the past year. The average unit takes 86 days to sell and the median rent for a unit in Thomastown is $420 per week, producing a rental yield of 5.20%.

Supply & Demand in Thomastown, Whittlesea

0.63%

Current vacancy rate


55

Rental stock available


20,522

Population


24.26%

Rental population


1.12%

Current vacancy rate


1,064

Rental stock available


197,494

Population


22.25%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Thomastown, Whittlesea

  House Townhouses Units
Median listing price $740,000 $694,500 $420,000
Median price change - last quarter 2.73% -0.72% 0.67%
Median price change - 1 year 2.42% 1.75% -1.07%
Median price change - 2 years 5.71% 26.27% 5.13%
  House Townhouses Units
Median weekly rent $500 $500 $420
Median yield % 3.51% 3.74% 5.20%
Median rent change - 1 year 14.94% 4.16% 13.51%
  House Units
Previous month sales 27 4
Stock on market previous month 97 11
Stock variance vs. last year 59.02% -35.29%
Average days on market 65 86

Thomastown investment property listings

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