Real Estate & Finance

Secure properties for sale and find the perfect house or unit to fit your budget. Property Market Data, House Prices, Investment Data & Full Suburb Profile

Discover an accurate property market values with Cockatoo’s expert guidance.

By early 2024, property values in Thomastown have seen moderate, steady growth following the nationwide recovery trends after the COVID-19 period. The market has been supported by ongoing demand for affordable housing within convenient commuting distance to the Melbourne CBD. Houses have appreciated slightly faster than units, attracting both families and first-home buyers.

Stay ahead of the fast-moving sales trends around Thomastown

The sales market in Thomastown remains active, with a typical property selling within 25-30 days. Discounting trends are mild, reflecting strong buyer competition for well-presented homes. Transaction volumes remain robust for both houses and units.

Learn who is moving in and out of Thomastown! Is it on the rise or decline?

Thomastown has experienced moderate population growth as families and migrants are attracted by more affordable housing and strong community infrastructure. There is a mix of long-term residents and newer arrivals, with population growth largely driven by internal migration from more central suburbs.

Learn who is moving in and out of Thomastown! Is it on the rise or decline?

Recent data indicates a stabilising suburb with ongoing buyer interest. Modest price growth, above-average sales volumes, and relatively quick turnarounds suggest the market is healthy. Inventory remains balanced, and rental demand remains strong.

Find out if this is a good investment opportunity buying real estate in and around Thomastown

Thomastown offers above-average rental yields compared to inner Melbourne, and continues to attract steady tenant demand. Houses yield around 3.7%, while units yield slightly more due to lower purchase prices.

Home Loans: Financing Your Dream Home In Thomastown. Get Pre-Approved Today.

Thomastown Lifestyle: Why Live Here

Thomastown is a diverse northern suburb of Melbourne that offers a family-friendly environment with a range of schools, sporting facilities, shopping centres, and multicultural eateries. The area features several public parks, bike paths, community centres, and easy access to public transport, including a major train station and bus routes. Residents enjoy proximity to larger retail hubs like Pacific Epping, as well as local cafes and weekend markets.

Thomastown Properties: Houses vs. Units

Thomastown Suburb Stats