Market snapshot
Suburb insights for Thomastown3074
Change suburbThomastown is located 15 km north of the CBD. Bounded by the Merri Creek in the west and Mahoneys Rd in the south. Thomastown is also a multicultural suburb with large Italian Greek and Macedonian populations. The suburb also features the High Street commercial area and is traversed by the Edgars Creek and its accompanying park system.
Recent sales and auction results in Thomastown
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 2/1 Alexander Av, Thomastown | 2 |  | Unit | Auction Sale | 25/07/2025 | Love & Co | |
| 7 Sheffield Ct, Thomastown | 4 |  | House | Auction Sale | 25/07/2025 | Love & Co | |
| 64 Victoria Dr, Thomastown | 3 |  | House | Auction Sale | 25/07/2025 | Love & Co | |
| 71 Darebin Dr, Thomastown | 3 |  | House | Private Sale | 24/07/2025 | hockingstuart | View |
| 22 Michigan Tce, Thomastown | 3 |  | House | Sold Before Auction | 22/07/2025 | Love & Co |
Sales data
Median sale price
$770k
Quarterly price change
3.4%
Metro Melbourne Comparison
$924k
0.4%
| Bedrooms | Thomastown | Metro comparison |
|---|---|---|
| 2 | - | $890,000 |
| 3 | $732,000 | $815,000 |
| 4 | $802,000 | $950,000 |
| Insight | Thomastown | Metro comparison |
|---|---|---|
| Clearance rate | 92.9% | 79.5% |
| Days on market | 43.5 | 39 |
Rental data
Median weekly rent
$520
Rental yield
3.6%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Thomastown | Metro comparison |
|---|---|---|
| 2 | $450 | $580 |
| 3 | $520 | $550 |
| 4 | $600 | $600 |
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