Market snapshot
Suburb insights for Thomastown3074
Change suburbThomastown, approximately 16 km northeast of the CBD, is a well-established, multicultural suburb offering family homes, schools, and local amenities. With strong transport links and parks, it appeals to families and professionals seeking convenience and community.
Sales data
Median sale price
$768k
Quarterly price change
-5.2%
Metro Melbourne Comparison
$953k
-3.1%
| Bedrooms | Thomastown | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $782,000 | $872,000 |
| 4 | $840,000 | $990,000 |
| Insight | Thomastown | Metro comparison |
|---|---|---|
| Clearance rate | 89.3% | 68.8% |
| Days on market | 41 | 42 |
Rental data
Median weekly rent
$530
Rental yield
3.4%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Thomastown | Metro comparison |
|---|---|---|
| 2 | - | $600 |
| 3 | $530 | $560 |
| 4 | $560 | $600 |

Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.