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 |
|---|---|---|---|---|---|---|---|
| 4 Heather Av, Thomastown | 3 |  | House | Auction Sale | 11/07/2025 | Harcourts | View |
| 87 Parklands Dr, Thomastown | 3 |  | House | Auction Sale | 11/07/2025 | Iconek Estate Agents | View |
| 6 Kalorama Pl, Thomastown | 3 |  | House | Sold Before Auction | 8/07/2025 | Ray White Mount Waverley | View |
| 11/131 High St, Thomastown | 2 |  | Unit | Private Sale | 6/07/2025 | LJ Hooker Epping | View |
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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