Real Estate Thomastown Vic 3074

Thomastown: Italian, diverse, shopping, recreation

Housing Market in Thomastown

Key Thomastown Metrics & Forecast to 2028

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Melbourne	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$560	Bottom 44%	180% to Dec 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Thomastown

Thomastown Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Field	Value	VS Melbourne	Trend
Development applications	30.8	Top 21%	74% to Jun 2025
Developments	0.2	Bottom 24%	Data for Jul 2023
Housing Stock Quality Indicator	46.8	Top 15%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	6 lots	Bottom 45%	100% to May 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	35	Top 1%	400% to Dec 2025

Housing Stock Quality in Thomastown

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Melbourne	Trend
Houses	84.4%	Bottom 15%	6% to Jan 2021
Average bedrooms - all homes	2.6	Top 39%	10% to Jan 2021
NBN connection: fibreoptic cable to node	7.0%	Top 16%	Data for Jun 2023

Development Restrictions in Thomastown

Thomastown Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Field	Value	VS Melbourne	Trend
Total area	12.0 sq km	Top 43%	Data for Jan 2021
Heritage overlay total area	0.2 sq km	Top 27%	Data for Jun 2023
Residential density	298 sqm per resident	Bottom 9%	Data for Jan 2021

Risk in Thomastown

Thomastown Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Field	Value	VS Melbourne	Trend
% Owner Occupied	78.6%	Bottom 14%	1% to May 2023
% Rentals	21.4%	Top 14%	5% to May 2023
Housing Affordability Index	47	Top 17%	Data for Jun 2023
Median monthly mortgage	$1,700	Bottom 37%	13% to May 2023
Rent Affordability Index (Houses)	77	Bottom 40%	Data for Jun 2023
Rent Affordability Index (Units)	67	Bottom 13%	Data for Jun 2023
Mortgage as a percent of income	31.7%	Top 12%	7% to Jan 2021
Mortgaged Dwellings	27.5%	Bottom 19%	8% to May 2023

Housing Demand in Thomastown

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030

Field	Value	VS Melbourne	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	21700	Top 15%	7% to Dec 2036
Historical Population (SA3)	271000	Top 1%	116% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	350000	Top 1%	199% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Thomastown

Thomastown Unit Investor Report

Sample Graphic

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Melbourne	Trend
Capital Growth Forecast: Units	Premium	Premium	Premium
Capital Growth Forecast: Units (2-Year Outlook)	Premium	Premium	Premium
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$471	Top 42%	147% to Dec 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	80.3%	Top 26%	4% to Dec 2025

Median House Sale Prices by Street (57)

Street	Date	Median sale value
Alexander Ave	06 Dec 2025	$689,900
Alvarado Ave	06 Dec 2025	$728,900
Arndell St	06 Dec 2025	$658,700
Banksia Ave	06 Dec 2025	$738,800
Barry Rd	06 Dec 2025	$791,200

Median House Rental Prices by Street (56)

Street	Date	Median rent (per week)
Edgars Rd	06 Dec 2025	$560
Edna St	06 Dec 2025	$495
Darebin Dr	06 Dec 2025	$554
Currajong St	06 Dec 2025	$667
Dalton Rd	06 Dec 2025	$597

Realtors (8)

Headline	Place	Datetime
ABI Real Estate	217 High St
BNW Commercial
Capital & Co. Real Estate	60/7 Dalton Rd
Exquisite Development Pty Ltd	197A High St
Harcourts Rata & Co (Thomastown branch)	219 High St

Median Unit Sale Prices by Street (30)

Date	Median sale value	Street
06 Dec 2025	$494,400	Alexander Ave
06 Dec 2025	$1,217,000	Apex Ct
06 Dec 2025	$661,000	Aylward Ave
06 Dec 2025	$1,422,000	Blaxland Ave
06 Dec 2025	$691,100	Cedar St

Businesses (100)

Name	Address
Omaxe Homes	16 Chaffey St, Thomastown VIC 3074, Australia
VSL Australia Pty. Ltd. - Victoria	121 Trawalla Ave, Thomastown VIC 3074, Australia
CivilworX Constructions Pty Ltd.	28 Lucknow Cres, Thomastown VIC 3074, Australia
Zapcorp Services	21 Pelmet Cres, Thomastown VIC 3074, Australia
Symon Bros. Constructions Pty Ltd	146 Mahoneys Rd, Thomastown VIC 3074, Australia

Planning Applications: Other (61)

Headline	Place	Date
Creation of sixteen (16) easements across nine (9) lots for the purpose of a shared party wall - Streamlined Planning through Electronic Applications and Referrals S251324C	6 Fig Terrace, Thomastown VIC 3074	10 Jul 2025
This Application is to remove the covenant contained in Instrument 1671605 which affects 24 Main Street, Thomastown (V7553 F089) - Streamlined Planning through Electronic Applications and Referrals S208035H	24 Main Street, Thomastown VIC 3074	09 Mar 2023
To remove the restrictive covenant contained in instrument of transfer D133406 by direction in City of Whittlesea planning permit no. Issued on the - Streamlined Planning through Electronic Applications and Referrals S197850A	129 Spring Street, Thomastown VIC 3074	17 Jul 2022
Garage - City of Whittlesea 95/2022	11 Warwick Court Thomastown VIC 3074	14 Jun 2022
App.Online - Transfer of licence to Company - Victorian Commission for Gambling and Liquor Regulation 55511A04	Factory 21, 391 Settlement Road, Thomastown 3074, VIC	08 Jun 2022

Planning Applications: Dwellings (26)

Headline	Place	Date
Two Lot Subdivision of existing dwellings, with common property - Streamlined Planning through Electronic Applications and Referrals S241327C	54 Alexander Avenue, Thomastown VIC 3074	17 Dec 2024
Four Lot Subdivision Please also include an option to complete this development prior to construction using a Section 173 Agreement or similar. - Streamlined Planning through Electronic Applications and Referrals S231976H	17 Juniper Crescent, Thomastown VIC 3074	18 Jun 2024
Two Lot subdivision of two existing dwellings - Streamlined Planning through Electronic Applications and Referrals S226517M	1/8 Leila Court, Thomastown VIC 3074	23 Mar 2024
Dual Occupancy - City of Whittlesea 197/2022	105 Alexander Avenue Thomastown VIC 3074	19 Sep 2022
3 Lot Subdivision of townhouses to be built - Streamlined Planning through Electronic Applications and Referrals S195350S	8 Wattle Street, Thomastown VIC 3074	29 May 2022

Planning Applications: Industrial (13)

Headline	Place	Date
Warehouse Shop - City of Whittlesea 22/2022	15 Dalton Road Thomastown VIC 3074	08 Feb 2022
Shop Warehouse - City of Whittlesea 23/2022	15 Dalton Road Thomastown VIC 3074	08 Feb 2022
17 Lot Industrial Subdivision in accordance with approved development - Streamlined Planning through Electronic Applications and Referrals S185082C	45 Northgate Drive, Thomastown VIC 3074	16 Nov 2021
Buildings and works comprising a mezzanine to an existing warehouse. Buildings and works comprising a mezzanine to an existing warehouse. - City of Whittlesea 720176/2021	Unit 26 220 Holt Parade Thomastown VIC 3074	30 May 2021
Buildings and works comprising a mezzanine to an existing warehouse Buildings and works comprising a mezzanine to an existing warehouse - City of Whittlesea 720161/2021	Unit 17 16 Dunstans Court Thomastown VIC 3074	24 May 2021

LGA Details (1)

Headline	Place	Datetime
Local government area	Whittlesea

Percent of Renters by Street (100)

Percent of Renters	Street
20.5%	Acacia St
86.0%	Aden Ct
94.5%	Ainwick Cr
26.6%	Alchester Ct
54.9%	Alexander Ave

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
52.3%	Darebin Dr	quite tightly held	Every 19.1 years (quite tightly held)	2025
48.6%	Commercial Dr	very tightly held	Every 20.6 years (very tightly held)	2025
70.5%	The Boulevard None	average turnover	Every 14.2 years (average turnover)	2025
80.8%	Cleveland St	average turnover	Every 12.4 years (average turnover)	2025
70.1%	Waratah St	average turnover	Every 14.3 years (average turnover)	2025

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
55 Darebin Dr	$735,000	3.0	1.0	1.0	04 Dec 2025	On Market
38 Bendigo Cr	$831,000	4.0	2.0	3.0	02 Dec 2025	On Market
15 Palm St	$750,000	3.0	1.0	4.0	29 Nov 2025	On Market
Unit 1, 12 Marjory St	$755,000	3.0	1.0	3.0	29 Nov 2025	On Market
22 Wilgah St	$881,000	4.0	1.0	3.0	29 Nov 2025	On Market

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
16 Geoffrey St	$525,000	2.0	1.0	2.0	29 Nov 2025	On Market
16 Geoffrey St	$525,000	2.0	1.0	2.0	29 Nov 2025	On Market
16 Geoffrey St	$525,000	2.0	1.0	2.0	29 Nov 2025	On Market
16 Geoffrey St	$525,000	2.0	1.0	2.0	29 Nov 2025	On Market
16 Geoffrey St	$525,000	2.0	1.0	2.0	29 Nov 2025	On Market

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
117 The Bvd	$520	3	1	1	05 Dec 2025
6 Melaleuca Dr	$510	3	1		02 Dec 2025
6 Melaleuca Dr	$510	3	1		02 Dec 2025
6 Melaleuca Dr	$510	3	1		02 Dec 2025
Unit 3, 37 Arndell St	$500	2	1	1	28 Nov 2025

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 3, 18 Travers St	$620	3.0	2.0	1.0	28 Nov 2025
Unit 3, 18 Travers St	$620	3.0	2.0	1.0	28 Nov 2025
Unit 3, 18 Travers St	$620	3.0	2.0	1.0	28 Nov 2025
Unit 3, 18 Travers St	$620	3.0	2.0	1.0	28 Nov 2025
Unit 3, 18 Travers St	$620	3.0	2.0	1.0	28 Nov 2025

Expand ↗️

Loading Choropleth Data

Min Max

Subscribe to see the timeline. See samples: