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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 $750,000 and this has changed 7.14% over the past year and changed 7.14% over 2 years.

The median rent in Thomastown for houses is $500 per week and the median rental yield is 3.46%. Stock on the market for houses/townhouses has changed 62.12% compared to last year and the average time to sell a house/townhouse is 63 days.The median listing price for units is $448,000 and this has changed 12.00% over the past year. The average unit takes 72 days to sell and the median rent for a unit in Thomastown is $420 per week, producing a rental yield of 4.87%.

Supply & Demand in Thomastown, Whittlesea

0.67%

Current vacancy rate


59

Rental stock available


20,522

Population


24.26%

Rental population


1.10%

Current vacancy rate


1,042

Rental stock available


197,494

Population


22.25%

Rental population


0.94%

Current vacancy rate


29,256

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 $750,000 $694,500 $448,000
Median price change - last quarter 2.73% -0.72% 0.67%
Median price change - 1 year 7.14% 0.65% 12.00%
Median price change - 2 years 7.14% 26.27% 12.00%
  House Townhouses Units
Median weekly rent $500 $500 $420
Median yield % 3.46% 3.74% 4.87%
Median rent change - 1 year 16.27% 5.26% 16.66%
  House Units
Previous month sales 28 9
Stock on market previous month 107 14
Stock variance vs. last year 62.12% -12.50%
Average days on market 63 72

Thomastown investment property listings

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