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Thomson
AREA REPORTS

Thomson

Thomson - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3219

house

Property investors enjoyed capital gains of 5.71% over the last 12 months in THOMSON, translating to lower returns compared with its peers in VIC.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 4.41% growth over a ten-year period. It ranks 2070th on our list of suburbs that property investors should look into.

THOMSON, 3219 has a capital gain of 5.71% for the past year, which is lower than average compared to its 50% growth within a five-year period.

With the median home price in THOMSON sitting at $435,000, and the average rent at $340, property owners could potentially earn a 4.06% increase in gross rental yield.

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

THOMSON, 3219 in VIC belongs to the local government area of Greater Geelong (C).

Data report can be found below

Thomson
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $435,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 5.71% N/A
Median 3 years 16.72% N/A
Median 5 years 50% N/A
10 years average annual 4.41% N/A
Weekly media advert. rent $340 N/A
Time on Market 23.4 days N/A
Gross Rental Yield Percent 4.06% N/A
demographics (median values)*
Total Population
1612
Weekly Household Income
559.9
Household Size
2.00
Age
39
Monthly Loan Repayment
1028
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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