VIC3074· Pop. 20,234Whittlesea

THOMASTOWN

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$807,000

VIC Gov · 2025

Rent yield

3.1%

computed from govt data

Annual growth

8.1%

annualised from govt data

Vacancy rate

1.5%

modelled estimate

AI insights for THOMASTOWN

Investment analysis, risks & comparisons

PREMIUM

THOMASTOWN shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$489/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+2.8%

annual shift

Yield × growth index

5.6

combined signal

Net yield (est.)

1.75%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+5.4%

est. compound, long-run avg

10-yr growth (CAGR)

+5.9%

est. compound, long-run avg

Rental demand

50 / 100

Moderate demand

Supply pipeline

Real

1.2%

new dwellings approved / stock · ABS 2024-25

Low supply pressure

5-year price history

2020

$620k

2021

$720k

2022

$710k

2023

$691k

2025

$807k

Source: VIC Gov · 2025 · all sources

Market overview

THOMASTOWN is a metropolitan VIC suburb with strong capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

Metro VIC suburb with strong infrastructure and transport
Rental yield 3.1% with stable tenant demand
High annual growth of 8.1% — outperforming state average
Access to national transport network and amenities

Risk factors

Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,225/wk

$74k taxable p.a.

Renters

28.7%

67.7% owner-occupier

Median age

39.0 yrs

Unemployment

4.3%

Population growth

+1.6% p.a.

Investor-owned

13.0%

of all dwellings (ATO)

Houses

68%

21% apartments

Degree qualified

41.2%

bachelor's or higher (ABS)

Work from home

23.2%

of employed residents (ABS Census)

Median lot size

500 m²

Standard block

Household size

2.5 persons

avg per dwelling (ABS Census)

Short-term rental

8.7%

Active STR market

Market activity

Distance to CBD

14.8 km

Middle ring

Days on market

28 days

Normal turnover

Auction clearance

64.9%

Balanced market

Walkability

33 / 100

Some errands walkable

Coastal proximity

11.4 km

Coastal fringe

NBN technology

FTTP

Fastest — full fibre to premises

Population density

2,116/km²

Dense urban

Schools in postcode 3074

🏫7 Primary🎓1 Secondary

ACARA 2025

🏫Primary (7)

Thomastown East Primary School

Government · Yrs Prep-6

ICSEA 1062

St Clare's School

Catholic · Yrs Prep-6

ICSEA 1043

St John XXIII Primary School

Catholic · Yrs Prep-6

ICSEA 1035

Thomastown West Primary School

Government · Yrs Prep-6

ICSEA 970

Thomastown Primary School

Government · Yrs Prep-6

ICSEA 967

Lalor East Primary School

Government · Yrs Prep-6

ICSEA 966

Thomastown Meadows Primary School

Government · Yrs Prep-6

ICSEA 954

🎓Secondary (1)

Thomastown Secondary College

Government · Yrs 7-12

ICSEA 926

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

High crime

0/ 100

15.4 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Average

990ICSEA · national avg 1000

8 schools in postcode area

Source: ACARA My School 2025

Transit access

Good

50/ 100

🚆 3 train🚃 4 tram🚌 37 bus

Source: State GTFS feeds

Gentrification signal

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

low

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

low

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in THOMASTOWN

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