VIC/
Thomastown

Suburb Profile

Thomastown - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3074

house
unit

Based on its average 5-year and quarterly capital gains THOMASTOWN, 3074 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that THOMASTOWN, 3074 obtained a 8.47% growth over a ten-year period. It ranks 406th on our list of suburbs that property investors should look into.

THOMASTOWN, 3074 in VIC belongs to the local government area of Whittlesea.

THOMASTOWN, 3074 has a capital gain of 26.78% for the past year, which is higher than average compared to its 54.19% growth within a five-year period.

With the median home price in THOMASTOWN sitting at $570,500, and the average rent at $350, property owners could potentially earn a 3.19% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in THOMASTOWN are high, as opposed to average gains per annum over the past five years.

A 26.78% increase in median property prices in THOMASTOWN, 3074 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 34th.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $570,500 $370,500
GROWTH REPORT
Median Quarterly 12.51% 2.92%
Median 12 month 26.78% 12.27%
Median 3 years 43.52% 19.9%
Median 5 years 54.19% 19.52%
10 years average annual 8.47% 6.26%
Weekly media advert. rent $350 $310
Time on Market 54.8 days 106.3 days
Gross Rental Yield Percent 3.19% 4.35%
demographics (median values)
Total Population
20597
Weekly Household Income
772
Household Size
3.00
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